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Stock Market Technical Report Wednesday 3rd August 2011

The markets recovered from the lowest points having no positive global cues, and closed with losses of about 0.75%. Capital goods and auto sectors were the worst performers of today's trading session. FMCG and metals performed well and closed with some gains. The CNX Midcap index was down by 0.2% as BSE Smallcap index also lost 0.6%. The Sensex closed at 17941, which is down by 169 points from its previous close. Today's Top Gainers were Steel Authority with +2.58%, Reliance Infrastructure with +2.56%, Sesa Goa with +2.35%, Bharat Petroleum with +1.19%, ITC Ltd. with +1.03%. Top Loosers were Larsen & Turbo with -4.34%, Axis Bank Ltd. with -3.10%, Power Grid Corporation with -3.06%, Tata Motors Ltd. with -2.95%, DLF Ltd. with -2.52%.


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