Tuesday, January 03, 2012
Today's Market Review - 03rd January 2012
The Indian market closed a strong day of trade at the high point and with huge gains both in largecaps and the broader indices. An across-the-sector rally marked today's trade after yesterday's subdued session. Sensex closed at 15925, up 407 points (provisional) and Nifty at 4761, up 124 points (provisional) from the previous close. CNX Midcap index was up 2.6% and BSE Smallcap index was up 2.3%. The market breadth was positive with advances at 1083 against declines of 223 on the NSE.
It was a good day for the Indian market which opened gap-up and thereafter, moved from strength to strength following a pullback in beaten-down sectors. Gainers in today's trade were led by banks, IT, capital goods and metals. Sensex shut shop at 15939, up 421 points and Nifty at 4765, up 128 points from the previous close. CNX Midcap index was up 2.7% andBSE Smallcap index was up 2.3%. The market breadth was positive with advances at 1108 against declines of 189 on the NSE. Top Nifty gainers were DLF, Kotak Mahindra Bank and Tata Steel while losers includedMahindra & Mahindra, BPCL and Ambuja Cements.