Dull session keeps Nifty in no man's land
24 May 2011
After a 330 points fall, the BSE benchmark index Sensex took a breather today and consolidated around the 18000 mark for most part of the day.
The dollar held firm on Tuesday and stocks in Asia steadied but the euro remained on the defensive on worries that the euro zone's debt crisis was deepening and could spread to heavyweights such as Spain.
The Sensex shut shop at 18011.97 up 18.64 points or 0.10% and the Nifty closed at 5398.70 up 12.15 points or 0.23%. About 1382 shares advanced, 1437 shares declined, and 823 shares remain unchanged.
Capital goods, consumer durables and selective buying in banks and oil&gas stocks managed Nifty to close in green territory. FMCG and realty stocks received thrashing today.
Sensex gainers: L&T at Rs 1,641.10 up 1.75%, Cipla at Rs 314.55 up 1.62%, Hero Honda at Rs 1,812.05 up 1.33%, ICICI Bank at Rs 1,019.35 up 1.27% and Tata Steel at Rs 566.20 up 1.24%.
Sensex losers: Reliance Infra at Rs 537.85 down 1.88%, DLF at Rs 218.95 down 1.84%, ITC at Rs 187.30 down 1.45%, SBI at Rs 2,221.60 down 1.39% and TCS at Rs 1,151.60 down 1.07%.
.jpg "RBI keeps repo rate unchanged as focus remains on inflation")
.jpg "Indian Oil, Panasonic team up for lithium-ion cell production in India")
