Markets Close on a Negative Note
DSIJ Intelligence / 05 May 2011
Post Market Summary
The Indian markets closed the day on a negative note and extended their losses for the straight tenth day. The Sensex closed the day down by 258 points at 18210 and the Nifty closed at 5459 down by 77 points. The markets are still reeling under the pressure of the rate hikes by the RBI. The main sectors that witnessed selling pressure are the Realty, Power and FMCG sectors. FIIs have been net sellers in cash for the past 8 sessions, selling shares worth Rs 5597.8 crore. The markets opened in the red and moved between gains and losses before giving into selling pressure in index heavyweights.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.