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Nifty closes near 4350; realty, auto, banks up

This article was posted on Jul 1, 2009 and is filed under Market News

MUMBAI: Indian markets ended higher on Wednesday as investors bought stocks at lower levels. Rate sensitive like realty, auto and banks were the
top performing sectors.

National Stock Exchange’s Nifty closed at 4342.15, up 51.05 points or 1.19 per cent. The index touched an intra-day high of 4362.30 and low of 4249.70.

Bombay Stock Exchange’s Sensex ended at 14633.81, up 139.97 points or 0.97 per cent. The broader index touched an intra-day high of 14727.49 and low of 14355.52.

BSE Midcap Index was up 1.16 per cent and BSE Smallcap Index moved up 0.39 per cent.

Amongst the sectoral indices, BSE Realty Index gained 4.48 per cent, BSE Auto Index moved 1.19 per cent higher and BSE Bankex moved up 1.09 per cent.

BPCL (5.8%), DLF (5.52%), Reliance Capital (5.05%), Axis Bank (4.93%) and Idea Cellular (4.42%) were the biggest gainers in the 50-share index.

Losers comprised Cipla (-2.39%), Hindalco Industries (-2.14%), Power Grid (-2.01%), NALCO (-1.9%) and ONGC (-1.71%).

Market breadth, however, remained negative with 1319 declines against 1275 advances on the BSE.

source: Economictimes

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