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Stock Market Technical Report Monday 8th August 2011

Today markets traded very weak and all indices closed in red, fear of recession in america affected the Indian markets. IT and Realty were the the worst performers of today's trade. The CNX Midcap index was down 1.3% and the BSE Smallcap index lost 2.2% in today's trade. The Sensex closed at 16990 which is down by 316 points from its previous close. Today's Top Gainers were Hero MotoCorp with +3.93%, Punjab Nationl Bank with +2.44%, Mahindra & Mahindra with +2.28%, ACC Ltd. with +2.25%, ONGC with +2.18%. Top Loosers were Reliance Capital with -7.30%, Tata Motors Ltd. with -6.96%, Hindalco Industries with -6.93%, DLF Ltd. with -6.87%, Reliance Power L with -6.68%.

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