Thursday, May 7, 2009

7-May-09 Stock Market Summary

The Indian market bounced back after a correction and ended with gains today ahead of the US bank stress test results tonight. Metals hogged the limelight today on the back of strong April sales and price increase. Sensex shut shop at 12116, up 164 points and Nifty at 3683, up 58 points from the previous close. CNX Midcap index was up 2.02% and BSE Smallcap index was up 2.66%. The market breadth was positive with advances at 910 against declines of 301 on the NSE. Top Nifty gainers included Sterlite Industries, Hindalco and Tata Steel while losers were Ambuja Cements, ACC and BPCL.
Source : rediff.com
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