Markets End on a Flat Note

DSIJ Intelligence / 23 Jul 2010

 Post Market Summary

The Indian markets witnessed lacklustre trading session in the day’s trade to close on a flat note in the positive territory mainly taking mixed cues from Europe ahead of European banks' stress results later today. The main dragger for the day is the Realty index which closed the day with a loss of more than one percentage points followed by the Metal and Healthcare indices. The Sensex closed the day in green gaining 17.83 points or 0.10 percentage points to close at 18,130.98. Nifty ends the day at 5449.10 gaining 7.15 points or 0.13 percentage points. Market breadth was negative with 1,192 advances against 1,755 declines on BSE. On the global front, European stocks rallied for a fourth day, U.S. futures gained and the pound and the euro strengthened as economic reports showed improvement in Britain and Germany, earnings beat analysts’ estimates while concern eased over bank stress tests.

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