Markets Witness Weak Closing To Close Below the 20K Mark

DSIJ Intelligence / 29 Sep 2010

 Post Market Summary

The markets saw profit-booking around the psychological levels of 20k. The Sensex shed nearly 300 points from the day's high to end below the 20000 mark. The main draggers are the Metal, FMCG and Consumer Durables indices closing the day in red declining more than one percentage points. . The Sensex closed the day in red declining 148.52 points to close at 19,956.34.  Nifty ends the day at 5,991.30 declining 38.20 points or 0.63 percentage points. Market breadth was negative with 1,128 advances against 1,822 declines on BSE. On the global front, European stocks retreated as a drop in Hennes & Mauritz AB offset gains in BP Plc and Rolls-Royce Group Plc. Asian shares rose and U.S. futures fell.

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