Stock Market Update- Thursday 8th September 2011
The markets rise for the third consecutive day barring metal and FMCG. All sectorial indices closed in gree. Consumer durables and oil & gas were the top performers of today's trade. The CNX Midcap index was up 0.02% as the BSE Smallcap index also gained 0.7%. The Sensex finally closed at 17165 which is up by 100 points from its previous close, and the Nifty settled at 5153 which is up by 29 points. The market breadth, indicating the health of the market was positive. The European markets are trading strong. The FTSE index is up by 48 points, DAX is up by 63 points and CAC index is up by 29 points. Today's Top Gainers were Ranbaxy Labs. with +4.35%, Cairn India Ltd. with +3.43%, Tata Motors Ltd. with +2.81%, Cipla with +2.75%, Wipro Ltd with +2.58%. Top Loosers were Steel Authority with -2.22%, Jindal Steel & Power with -1.49%, Tata Steel with -1.37%, NTPC with -1.22%, HDFC with -1.18%.
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