Friday, July 22, 2011

STOCK MARKET REVIEW : 22 JULY 11


STOCK MARKET REVIEW


CNX Midcap index was down about 1.31% while BSE smallcap index also lost 0.82% BSE Sensex ended at 18,722, adding 286 points. ItNSE Nifty closed at 5,634, adding 92 points.

Indian market extended those early morning gains into mid afternoon trade; thanks largely to a worldwide rally after European Union leaders announced a new rescue package for Greece and  sentiments supported by media reports that US President Barack Obama is close to reaching an agreement with the House Republicans on the debt ceiling issue.

The top gainers include Oil & Gas, IT, Banking, Capital Goods and  Auto indices. Metals, Power and Pharma indices are the other notable gainers. The Consumer Durables index is the only loser, down 0.5%. The Realty index is also under-performing the rest of the indices.


Today’s Nifty Top gainer were  :

RCOM with volume and changes 58,89,781 and 3.37%

M&M with volume and changes 7,18,890 and 3.05%

GRASIM with volume and changes 1,31,940 and 3.00%

Today’s Nifty Top losers were :

ITC with volume and changes 91,59,652 and 0.05%

JINDALSTEEL with volume and changes 8,52,870 and 0.30%

In upcoming trading session market market can be expected to follow uptrend after some correction in the early session on monday. it seems to be vary between 5560 - 5695

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