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Home » Markets at Close - Archive

Markets at close
Date Market Summary
May 04, 2008,
Wednesday
Rising inflation concerns hit market badly; all indices end in red
Markets stayed under pressure for third straight day today marred by fears of further spike in inflation to a multiyear high post fuel price hike announced this morning. Weak global markets also played the spoilsport. The market witnessed choppy swings throughout the day. Stocks across the board were hammered brutally with all sectoral indices on BSE suffering losses.
June 03, 2008
Tuesday
Markets tumble due to fears of early elections
Political concern was the key culprit that haunted markets in second half of trading session. A late sell-off resulted in the benchmark index BSE Sensex cracking below the physcological 16,000 mark, only to close slightly above that level. However, Nifty closed below 4,750 level. Market breadth was also very weak. Realty, metal, power, banks were the hardest hit sectors.
May 30, 2008,
Friday
Markets end week on high note; IT stocks among major gainers
Markets continued to be volatile but managed to end in the green backed by good performance from IT, capital goods, metal and pharma stocks. Factors that kept markets volatile included higher inflation numbers (8.1% against 7.82% the previous week) and lower than expected GDP numbers at 8.8% for the quarter ended March 2008 as against 9.7% for the same period during previous year.
May 28, 2008,
Wednesday
Markets recover smartly; ends near day's high
Markets rallied to end session near day's high. Sensex closed at 16,525.37, up 1.53% or 249.78 points after hitting high of 16,563.30 and low of 16,217.78. The Nifty touched a high/low of 4926.90 and 4835.65, before ending the day at 4918.35, up 1.2% or 58.55 points. Market breadth was mixed, about 1421 shares have advanced, 1497 shares declined, and 191 shares remained unchanged.
May 26, 2008,
Monday
Markets looking weak; Nifty ends below 4900, Sensex nears 16000 mark
Markets resumed new week in the same way as it ended the last week. Sensex shed over 300 points while Nifty fell by over 71 points. All frontline indices as well as sectoral indices ended in the red apart from BSE IT and TECk index which closed in the green up by 1.77% and 0.73% respectively. BSE bankex was among the top loser falling by over 3.50%. Other major losers included capital goods, metal, power and realty stocks.
May 23, 2008,
Friday
Markets slip further down, Nifty below 5000 mark
The markets fell sharply for the second day on trot. Selling pressure was seen across realty, metal, oil & gas, FMCG, technology and banking stocks. markets traded in the green in the first half of trading session, but slid sharply in the second half. Frontline index Nifty ended below the 5000 level while Sensex continued to lie below the 17000 mark today as well. Midcap and small cap stocks also too were hit hard.
May 21, 2008,
Wednesday
Marktes make good recovery; end with modest gains
Markets opened on a weak note and traded in red for first half of session due to weakness in Asian and US markets. But strong buying in oil & gas and metal stocks and good European cues have helped the markets in latter part of the day to show recovery. Sensex recovered nearly 200 points and the Nifty 70 points from day's low. Sensex closed above 17000 and Nifty above 5000 mark.
May 16, 2008,
Friday
Markets on winning streak; end marginally higher
The markets closed the session on a positive note amid volatility since morning and have not reacted much to the weak inflation numbers, which stood at 7.83% versus 7.61%, that was way above market expectations of 7.59%. Banking especially private banks, metal, oil & gas, power and pharma stocks were the contributors. The Sensex closed above 17400 and the Nifty above 5150 mark. Midcap and small cap stocks remained positive.
May 15, 2008,
Thursday
Markets continue upmove; Sensex gain 375.19 points, Nifty up by 103.50 points
Positive cues from global markets provided strong opening to the Indian stock markets. Markets stood firm throughout the day as frontline indices Sensex, Nifty ended with handsome gains of over 2%. All NSE indices ended in the green while Bank Nifty outperformed all other indices with a gain of 2.50%. Market breadth was strongly in favour of advances. Nifty ended above crucial 5100 level and Sensex closed above 17300 mark.
May 14, 2008,
Wednesday
Markets make smart upmove; Sensex climbs up over 225 points
Markets remained firm throughout the day and ended near day's high. Earlier during the day markets opened flat and even went down in the red for some time. But later on, buying interest was seen across most scrips and markets made a skywards movement. BSE Metals index (+4.36%) and BSE IT index (+3.80%) were the top gainers today. On the other hand, Banking and FMCG stocks lacked momentum.
May 13, 2008,
Tuesday
Markets exhibit weakness; end near day's low point
Markets had a decent start but a pretty bad closing. Both the frontline indices, Sensex and Nifty, looked weak and ended near day's low. Oil and gas stocks were the among the biggest laggards of the day, while consumer durable, metal and FMCG stocks were among the gainers. Global markets were not doing too well either. European markets were trading lower and Asian markets ended with a moderate cut.
May 09, 2008,
Friday
Markets exhibit weakness; Sensex ends below 17k, Nifty below 5k level
It was a bad day for stock markets across the globe. Asian markets, European markets ended lower and domestic markets also had a pretty bad day. Indian markets were pulled down by selling pressure majorly seen in oil and gas, realty and banking stocks. BSE Oil&Gas Index was the hardest hit as it fell down by 4.71%. All indices apart from BSE FMCG index (+0.55%) closed in the red. Market breadth was very weak at 1:5 in favour of the declines.
May 07, 2008,
Friday
Markets recover from the day's low; capital goods, realty stocks down
Markets opened weak and slipped further down in the afternoon session of trade. However, buying was seen at lower levels and markets made a commendable recovery in the latter stages and managed to end marginally in the red. Technology, oil and gas, FMCG and auto stocks lent support to the market, while capital goods, PSU, realty, consumer durable and banking stocks pulled markets down.
May 06, 2008,
Tuesday
Markets end weak; Realty stocks tumble, IT stocks gain
It was a weak day for markets as choppiness prevailed throughout the trading session. All frontline BSE and NSE indices ended in the red. Among all sectoral indices at BSE, IT Index (1.53%), FMCG index (0.97%) and Metal index (0.18%) were the ones to end in green, while all other indices ended in the red. BSE Realty index (-4.63%), Power (-2.15%) and BSE CG (-1.80%) were among the top losers of the day.
May 02, 2008,
Friday
Smart gains for the markets; Bank, Auto, Realty stocks firm
Markets end with hefty gains driven by banking, auto, real estate, IT and capital goods stocks. Apart from the BSE Metal index which fell by -1.56%, all other BSE indices closed in the green. Markets traded firm throughout the trading session unaffected by concerns of rising inflation. Inflation for the week ended 19th April'08 was the highest in past three and a half years at 7.57%. 1400 shares advanced, 1301 declined and 67 remained unchanged at BSE.
April 28, 2008,
Monday
Markets end lower; BSE Midacp index outperforms
Markets opened in the green but immediately fell into the red as selling pressure creeped in. Indian markets perfromance was inline with its Asian peers, as Asian markets closed mixed. Among the frontline indices, Sensex, Nifty and BSE Smlcap indices ended with slight losses, while only BSE Midcap index ended with little gains. Capital good, oil & gas, IT, Metal, banking stocks were among the top losers of the day.
April 25, 2008,
Friday
Markets end with handsome gains; Sensex closes above 17000 level
Markets had an excellent day thanks to the sharp bounce towards the end of the trading session. Sensex closed with hefty gains of over 400 points while nifty ended with a 2.24% gain. BSE Bankex (+3.33%), BSE TECk (3.16%), BSE Metal (+2.41%) and Oil&Gas (+1.58%) indices were among the top gainers for the day. Apart from BSE Small cap index which closed down by -0.15%, all frontline and sectoral indices ended in green.
April 24, 2008,
Thursday
Markets slip in last trading hours; Nifty closes below 5000
It was F$O expiry day and the markets had a firm opening. However, the afternoon session of trade did not go to well for the markets as selling pressure pulled markets down marginally. No real movement was seen in the global markets as these markets also ended flat. Nifty could not sustain the 5000 level today and closed down at 4999.85 points. BSE IT (+1.67%) index was the top gainer today while BSE PSU (-1.53%) was the top loser.
April 23, 2008,
Wednesday
Market end flat with negative bias; Realty, IT, Auto indices up while Bank stocks fall
Sensex opened in the green today but soon slipped in red, down over 275 points from the days's high. However, markets managed to close with marginal loss and Nifty managed to sustain the crucial 5000 level for third consecutive day. On the global front, Asian markets also ended flat. BSE Realty (+1.90%), IT (+1.33%) were among the top gainering indices while BSE Bankex (-1.89%), PSU (-1.55%) indices were among the top losers.
April 22, 2008,
Tuesday
Flat closing for markets; BSE Realty index top gainer, BSE IT top loser of the day
It was a quiet day for the markets. Markets slipped in the red at the time of opening but managed to climb up in the green in the afternoon trade. However, the gains were marginal and Sensex and Nifty ended flat with little gains. It was a very tough day for IT stocks as BSE IT index fell by nearly 4.50%. On the other hand, Realty index was the top performer on BSE.
April 21, 2008,
Monday
Positive cues from global markets push Indian markets higher; Nifty above 5000
Indian stock markets were rading higher at the time of close as all sectoral indices at BSE and NSE were trading in the green apart from FMCG and IT indices. Positive cues from the Asian markets is supposed to have infused srong sentiments in the markets as S&P CNX Nifty closed above the crucial 5000 level. Metal and bank stocks were the stars of the day, while IT stocks underperformed.
April 17, 2008,
Friday
Markets gain strength; Realty, Metals, IT stocks among top gainers
Indian markets traded strong throughout the day and almost all stock indices closed higher by over 1.50%. Markets opened with decent gains and were able to sustain those gains without any hiccups. Nifty closed higher by 1.45% and Sensex gained 1.46%. Midcap and smallcap stocks had an even better day as they outperformed broader indices. BSE Realty, Metal and IT indices were the stars of the day gaining over 3.60% each.
April 16, 2008,
Wednesday
Market ends flat; IT stocks outperform second day on trot
Markets showed strength at the time of opening but could not sustain the gains as profit booking led the markets to tumble in the last one and a half hour of trade. Both the major indices Sensex and Nifty ended flat while BSE Midcap and Smallcap indices had a comparatively better closing with nearly 1.5% gains each. It stocks had another good day post higher than expected Q4 result from Infosys.
April 15, 2008,
Tuesday
Smart gains for the markets; BSE IT shoots up by 5.55%
It was a good day for the markets as the benchmark indices Sensex and Nifty gained by over 2% each. But, it was not the best of opening for the markets this morning as Sensex and Nifty both slipped in the red. However, the markets recovered and closed in the green fuelled by strong Q4 numbers from Infosys technologies (posting 9% YoY growth in net profits and 20% YoY growth in revenues).
April 10, 2008,
Wednesday
Markets slip in late trade; BSE Bankex down by -2.94%, Oil&Gas index top gainer
Markets went off to a decent start but slipped into the red as it witnessed resistance at higher levels. The last one and a half hour of trade saw the markets slipping from the day's high to close near the lowest point of the day. Global markets also did not leave any encouraging cues. Asian marakets ended mixed and Eupropean markets were also trading lower. Indian benchmark indices Sensex and Nifty ended down by -0.60% and -0.30% respectively. Banking, realty, healthcare and IT stocks were the top losers while oil & gas, metal stocks performed well today.
March 28, 2008,
Friday
Sensex, Nifty up nearly 2.30% each; close near day's high
It was a good day for the markets as Sensex, Nifty which looked suceptible and weak during the early trade, showed a smart rise in the afternoon session of trade. The day was even better for Midcaps and small caps. BSE midcap index ended higher by 3.93% and BSE Smlcap index ended higher by 4.98%. Today's top five gainers on the Nifty included Suzlon, Tata steel, BPCL, Sterlite and Wipro.
March 26, 2008,
Wednesday
Markets fall on a volatile day of trading; BSE Smallcap index up by 2.12%
Markets could not sustain yesterday's phenomenal upmove as borader markets Sensex and Nifty ended down by nearly 1% each today. Among the BSE sectoral indices Bankex, Oil&Gas, Capital Goods and Power indices ended in the red while Consumer Durable, Metal, Realty, FMCG, IT and Auto indices ended up in the green. However, it was not a very bad day for Midcap and Smlcap stocks as both the indices ended up in green.
March 25, 2008,
Tuesday
Markets surge over 6%; registers second biggest single day point gain ever
It was a very strong day for the markets as major indices Sensex and Nifty closed with a record second biggest gain in terms of points. BSE Midcap index ended up by 6.36% and BSE Smallcap index ended up by 4.81%. All sectoral indices also ended in the green with realty, banks, IT, power and oil & gas stocks being among the top gainers. Sensex once again closed above 16000 mark and Nifty above 4800 levels.
March 24, 2008,
Monday
Markets volatile; ends with sharp rise in late trade
Positive cues from the global market led the stock markets in India to rise sharply in the last half hour of trade. Sensex ended up by 1.96% and Nifty closed with a gain of 0.78%. However, ealrier in the day, markets opened with handsome gains up nearly 2.50%, but could not sustain these levels as selling pressure creeped in taking the markets into red also at some time. Bank, FMCG and IT stocks were the gainers while metal and realty stocks had a bad day.
March 21, 2008,
Friday
Markets closed on account of Good Friday
March 20, 2008,
Thursday
Markets closed
March 19, 2008,
Wednesday
Markets loose steam; Sensex, Nifty still end in green, Midcap index in red
Markets had a great start today as both the benchmark indices, Sensex and Nifty, opened with a huge gap up. All sectoral indices witnessed buying led by postive cues from the global markets. However markets slipped in the last hours of trade and lost quite a bit of its gains. Broader indices Sensex and Nifty closed up by nearly 1% each whereas BSE Midcap and small cap indices closed down in the red.
March 17, 2008,
Monday
Market close with 2nd biggest intra day fall ever; all Sensex, Nifty stocks end in red
Markets revisited black monday as Sensex closed down by over 950 pts (-6.03%) and Nifty lost almost 250 points (-5.11%). All Sensex, Nifty stocks end in red. Advance decline ratio at NSE was 1:17 in favour of the declines. BSE Bankex (-9.06%), Realty (-7.86%) and Metal (-7.54%) indices were the top losers for the day. ICICI Bank, HDFC, Hindalco, HCL Technologies and Reliance Energy were the top five losers on Nifty.
March 14, 2008,
Friday
Markets see slight recovery; Sensex, Nifty end near day's high
Markets opened weak again and even breached yesterday's closing level in the first few minutes of trade. However, market bounced back and ended near day's high as Sensex and Nifty gained nearly 2.87% each. BSE Realty (5.40%), BSE Oil&Gas (3.94%) and BSE Metal (3.55%) index were the top performers. Reliance Energy, DLF, Powergrid, Sterlite Industries and Unitech were the top 5 gainers on Nifty.
March 13, 2008,
Thursday
Markets tumble; Sensex, Nifty, Midcaps, Smallcaps loose nearly 5% each
Markets had an extremely bad day as most of the broad indices ended down by over 5%. Indian markets reacted to the global sell off triggered by US recession fears and rising crude price. Real estate stocks were the worst hit as BSE realty index was down by 11.59%. Metals and power stocks were also among major losers. Market advance-decline ratio was extremely poor at 1:16 in favour of declines.
March 12, 2008,
Wednesday
Sensex recovers after falling down nearly 600 points, ends flat; Nifty ends in green
Market opened weak today as global cues were not very encouraging courtesy poor US jobs data released on friday. Asian markets were trading deep in red but Hong Kong's Hang Seng index showed sharp pull back in late trade and ended in the green. Indian market followed suit and managed to recover the day's losses in the last hours of trade. It was a good day for metal and oil & gas stocks, not so for capital goods and IT stocks.
March 11, 2008,
Tuesday
Sensex, Nifty gain smartly; positive cues from from global markets
Positivre cues from the global markets led pushed the Indian market upwards. Markets opened strong and breadth of the market was also in the favour of advances. Almost all the broader indices closed in green. Real estate, power, bank, oil and gas stocks were the top gainers.
March 10, 2008,
Monday
Sensex recovers after falling down nearly 600 points, ends flat; Nifty ends in green
Market opened weak today as global cues were not very encouraging courtesy poor US jobs data released on friday. Asian markets were trading deep in red but Hong Kong's Hang Seng index showed sharp pull back in late trade and ended in the green. Indian market followed suit and managed to recover the day's losses in the last hours of trade. It was a good day for metal and oil & gas stocks, not so for capital goods and IT stocks.
March 07, 2008,
Friday
Market witness more selling pressure; Sensex below 16000, Nifty below 4800
It was yet another weak day for the stock markets. Weak Asian markets, inflation concerns and political worries pulled the markets down sharply today. All sectoral indices closed in the red while BSE Realty (-6.64%) and Power (-5.57%) were among the top losers for the day. Benchmark indices, Sensex and Nifty, shed nearly 10% during the week ended March 07, 2008. Realty, power and banks were the hardest hit sectors during the week.
March 06, 2008,
Thursday
Indian market closed on account of Shivratri
March 05, 2008,
Wednesday
Market ends in green; IT stocks gain, Realty and bank stocks end weak
Nifty opened flat today, went up to 4920 levels before falling sharply in the red in the first hour of trade. However, market managed to recover some of its losses and ended the day in the green. IT stocks looked strong along with oil & gas and metal stocks. Meanwhile, selling was seen in real estate stocks, bank stocks and power stocks. Market breadth also remained weak as BSE midcap index and BSE small cap index fell by over 1% each.
March 04, 2008,
Tuesday
Choppiness persists; Sensex down 337.99 points, Nifty down 88.75 points
Market opened with small gains and ended with heavy losses as volatility persists. As the European markets showed signs of weakness, Indian markets slid sharply when trading resumed at 12:05 PM. Market timings have changed due to sun outage from 4th March, 2008 to 18th March, 2008. New market timings at NSE, BSE are: 9:55 AM to 4:15 PM. However, there will be no trading between 11:25 AM and 12:05 PM.
March 03, 2008,
Monday
Selling pressure across sectors; market registers 2nd biggest point fall ever
Market registered its second biggest fall ever in terms of points at closing as both the benchmark indices, Sensex and Nifty, fell over 5% today lead by weak cues from the US and Asian markets. US stocks fell sharply on friday, Sep 29'08 after the release of weak economy data. Major losers on Sensex for the day belonged to bank (-6.72%), realty (-6.39%), power (-6.35%), capital goods (-5.81%), metals (-5.62%) and oil & gas (-5.53%) index.
Feb 29, 2008,
Friday
Budget'08 tabled; Short term capital gain increased to 15% as market ends weak
Market opened lower this morning and slipped sharply in the afternoon trade as the Finance presented the Union Budget 2008. Short term capital gain tax has been increased from 10% to 15%. Market had a negative reaction to this announcement and made day's low at this point in time. However, market rose smartly and managed to recover some losses. Realty, IT, capital goods, power stocks were major losers while auto stocks were among the gainers.
Feb 28, 2008,
Thursday
Market volatile but shows late recovery; Economic survey says 9% growth difficult
Choppiness continued as Market opened with slight gains but slipped into red within first hour of trade. Markets remained in red for most part of the day but eventually showed resilience in late trade and ended in the green. Realty, oil & gas and bank stocks were among major losers while metal, auto and pharma stocks gained the most. Meanwhile, economic survey report reasoned inflation & infrastructure constraints as hurdles to achieving 9% growth.
Feb 27, 2008,
Wednesday
Weak opening by European markets pull Indian market down in the late trade
Indian market traded with handsome gains in the morning session powered by strong cues from Asian and US markets. However, as the European markets opened weak and started to drift downwards, the Indian market followed the trend and ended flat. Sensex ended marginally in green up by +0.11%, while Nfty closed down in the red by -0.03%. Capital goods stocks were the major gainers and IT were the top losers.
Feb 26, 2008,
Tuesday
Market choppy; Railway Budget 2008-09 lifts market higher in late afernoon trade
Market started with moderate gains as stocks specific buying was seen across all sectors. Market surged higher only in the late trade backed by positive global cues and a favourable railway budget announcement. Reduced rail fares, lower freight charges, technology and rail infrastructure upgradation were the major highlights of the budget. Realty, power, capital goods stocks were the major gainers as all sectoral indices ended in green.
Feb 25, 2008,
Monday
Market recovers and posts strong closing; market breadth weak
Markets opened with hefty gains but slipped into the red within the first hour of trade. As support was found at lower levels, market again made an upmove and ended the session near day's high. Positive cues from the global markets were also responsible for the Indian market's upmove. However, market breadth was disappointing. Oil & gas (+3.60%), IT (+1.90%), Realty (+1.12) index were the top gainers, while BSE Bankex (-0.37%) lacked shine.
Feb 22, 2008,
Friday
Markets deep in red; close near day's low
Choppiness in the market continues as both the benchmark indices Sensex (-2.17%) and Nifty (-1.56%) closed near day's low. Earlier in the day, Indian markets saw a gap down opening led by weak cues from Asian markets. BSE Bankex (-3.14%), IT (-3.06%), Oil & Gas (-2.19%) and Power (-1.57%) were the major losers among all sectoral indices. BSE advance-decline ratio stood in the favour of declines at 1:2.47
Feb 21, 2008,
Thursday
Market remained volatile; ends day in green backed by IT and metal stocks
It was a volatile day of trading for the markets, however, at the end of the day Sensex closed up by 0.66% and Nifty gained 0.72%. Positive global cues gave a strong opening to the markets, but selling pressure brought the markets into red in the afternoon trade. BSE IT (+4.77%) and Metals index (+3.83%) provided strength to the market while BSE Bankex (-1.23%) remained weak for the day. IT stocks were pushed up by the rupee factor.
Feb 20, 2008,
Wednesday
Markets witness selling pressure; Sensex down -2.48%, Nifty down -2.31%
It was yet another weak day for the markets. Large cap stocks witnessed major selling pressure. Broader indices like BSE Midcap (-1.25%) and BSE Smlcap (-1.68%) also ended lower. There was a major sell off in stocks belonging to sectors like Realty (-3.59%), Bankex (-3.23%), Capital goods (-2.80%), Metals (-2.32%). BSE IT index (+0.21%) was the only sectoral index today to end in the green.
Feb 19, 2008,
Tuesday
Markets give up early morning gains; ends flat
Markets saw a decent opening this morning but could not manage to sustain the gains. Profit booking creeped into the markets in early afternoon trade and both the benchmark indices, Sensex (+0.15%) and Nifty (+0.07%), ended only marginally in the green. The top indices on BSE included Consumer Durables (+2.85%), Auto (+1.62%), Health care (+1.33%), whereas Realty (-1.33%) and Power (-1.13%) index were the under performers of the day.
Feb 18, 2008,
Monday
Markets end flat; Reliance Power gains 7.53% post bonus issue announcement
Markets opened strong but could not manage to hold on to early morning gains as Sensex and Nifty closed down by 0.37% and 0.49% respectively. Realty (-2.77%), IT (-1.31%) and oil & gas (-0.85%) were the laggards, whereas FMCG (+2.26%), Bank (+0.56%) and Metals index (+0.50%) provided strength to the markets. Meanwhile, Reliance Power closed strong on high volumes led by the bonus issue announcement on sunday evening.
Feb 14, 2008,
Thursday
Markets end on a high note; Sensex gains +4.82%, Nifty up +5.53%
Positive global cues led Indian stock marktets close near day's high. Strong buying was seen across all major sectoral indices of BSE like power (+8.14%), real estate (+7.58%), oil & gas (+7.42%) and metals (5.74%). BSE IT index was the only laggard gaining only by 0.94%. Market breadth remained strong throughout the day but volumes were not very encouraging.





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