Todays Market Updates 29th August 2011
After four days of selling, today the Indian market pulled back in a relief rally supported by positive global cues. Short covering as well as fresh long positions helped the indices closed near the highs of the day and with huge gains.
Sensex shut shop at 16416, up 567 points and Nifty at 4919, up 171 points from the previous close. CNX Midcap index was up 2.2% and BSE Smallcap index was up 2.1%.
The market breadth was positive with advances at 1172 against declines of 286 on the NSE. Top Nifty gainers were Reliance Capital, HCL Technologies and TCS while losers included ONGC and Maruti Suzuki.
After four days of selling, today the Indian market pulled back in a relief rally supported by positive global cues. Short covering as well as fresh long positions helped the indices closed near the highs of the day and with huge gains.
Sensex shut shop at 16416, up 567 points and Nifty at 4919, up 171 points from the previous close. CNX Midcap index was up 2.2% and BSE Smallcap index was up 2.1%.
The market breadth was positive with advances at 1172 against declines of 286 on the NSE. Top Nifty gainers were Reliance Capital, HCL Technologies and TCS while losers included ONGC and Maruti Suzuki.
