Tuesday, March 06, 2012
Intraday Nifty Tips for Tommorow
The markets lost substantially with metal and power being the biggest laggards in today's session. Expected lower GDP growth in China also played a role in pulling metal stocks down. FMCG, consumer durables and IT were the only three sectors that managed to close positive.
The Sensex closed at 17173, down 190 points from its previous close, and the Nifty shut shop at 5222, down 58 points. The CNX Midcap index closed with 0.8% loss while the BSE Smallcap index was down 1.3% in today's trade.
The market breadth was negative with advances at 409 against declines of 1034 on the NSE. The top Nifty gainers were DLF, Siemens, ITC and Mahindra & Mahindra while the biggest losers included Reliance Power, Tata Steel, Hindalco and Reliance Infra.