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Nifty closes above 3100; Siemens,Rel Capital up

This article was posted on Mar 31, 2009 and is filed under Market News

MUMBAI: Indian benchmark indices witnessed some profit booking in the last hour of trade Tuesday but still ended with smart gains. Meanwhile, broader markets rose steadily during the day and outperformed the benchmarks.

Bombay Stock Exchange’s Sensex closed at 9689.49, up 121.35 points or 1.27 per cent. The broader index touched a high of 9826.22 and low of 9547.21 in trade so far.

National Stock Exchange’s Nifty ended at 3017.75, up 39.60 points or 1.33 per cent. The broader market hit an intra-day high of 3054.30 and low of 2966.40.

BSE Midcap Index ended 2.24 per cent higher while BSE Smallcap Index closed 1.46 per cent up.

Biggest Nifty gainers were Siemens (8.68%), Reliance Capital (5.66%), Tata Steel (5.37%), ABB (5.12%) and Ranbaxy Laboratories (5.01%).

NALCO (-5.93%), HDFC (-2.75%), NTPC (-1.93%), Hindustan Unilever (-1.54%) and ICICI Bank (-1.27%) ended with losses.

Market breadth remained positive on the BSE as 1547 advances outnumbered 903 declines.

source: Economictimes

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