Markets Closed in Green on Strong Global Cues
DSIJ Intelligence / 08 Jul 2010
Post Market Summary
The Indian markets taking cues from its global peers closed the day on a positive note as strong buying is witnessed across the board. The main gainers for the day are the Consumer Durables, Realty and IT indices who closed the day gaining nearly two percentage points. The Sensex closed the day in green gaining 180.70 points or 1.03 percentage points to close at 17,651.73. Nifty ends the day at 5296.85 gaining 55.75 points or 1.06 percentage points. Market breadth was positive with 1,757 advances against 1,163 declines on BSE. On the global front, European stocks rose for a third day as the International Monetary Fund raised its global growth forecast and banks climbed on optimism stress tests will ease concern about the health of the financial system. Asian shares gained, while U.S. index futures fell.
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