Markets End on a Negative Note
DSIJ Intelligence / 08 Apr 2011
Post Market Summary
The Sensex closed down 135 points at 19,455 and the Nifty shed 43 points at 5,842. Earlier the day, the Sensex opened in the positive wherein the BSE benchmark index touched the day's high of 19, 697, only to slide into the negative in the early afternoon trades. From there on the Sensex moved sideways to touch a low of 19,410, down 287 points from days high. The FII (Foreign Institutional Investor) investments have slowed in the past few sessions, according to provisional data from Bombay Stock Exchange FIIs were net buyers of Rs 221 crore while DIIs were net sellers of Rs 213 crore in the equity market. Among the top losers are DLF down nearly 4%, Jaiprakash Associates, Hindalco and Tata Motors shedding 3% each. Reliance Infrastructure, Hero Honda, Maruti Suzuki, Bajaj Auto, Tata Steel, Wipro losing between 1-2% are the other major losers. The market breadth is very negative. Of the total 2999 stocks traded on the BSE, 1954 stocks have declined while 963 advanced.
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