Friday, January 06, 2012
Todays Market Closing Report - 06th January 2012
It was a flat day for the Indian market which opened up in the red but closed off the lows of the day and in the green. Metals, autos, FMCG and banking stocks aided in the pullback rally which helped the Nifty climb up again above 4700 after a brief move below it. The broader markets were, however, flat in trade for most part. Sensex shut shop at 15867, up 10 points and Nifty at 4754, up 4 points from the previous close. CNX Midcap index was down 0.3% and BSE Smallcap index was up 0.02%. The market breadth was negative with advances at 616 against declines of 658 on the NSE. Top Nifty gainers were Rcom, Reliance Infrastructure and BPCL while losers included Hero MotoCorp, Bharti Airtel and Jaiprakash Associates.