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Market Report

Friday, 15-Apr-2011

NSE

  • The markets lost substantially today and IT was the worst performer. Auto and capital goods were the only sectors that could manage to close in the green. Broader markets managed to stay afloat and lost only marginally at the close. The Sensex closed at 19387, down 310 points from its previous close, and Nifty shut shop at 5825, down 87 points.

  • It was a mixed performance for the markets this week and broader markets performed better than largecap stocks. Both the benchmark indices registered marginal loss and IT was primarily responsible for the weakness. The numbers are following: the Sensex was down 0.3% and Nifty was also down 0.3%. The CNX Midcap index was up 0.3% while BSE Smallcap index was up 0.5% over the week.

  • The top Nifty gainers today were Hero Honda, Bharti Airtel, Dr Reddy's and Bajaj Auto and prime losers included Infosys, Wipro, Siemens and DLF.

  • The Nifty would trade between 5750-5910, says Mitesh Thacker, technical analyst, on CNBC TV18. The index is is in well defined range and may consolidate further, he adds.

  • March WPI inflation has come in at 8.98% versus 8.31%, reports NDTV Profit. January inflation has been revised to 9.35% versus 8.23%. Primary articles inflation is at 12.96% versus 14.79%, manufactured products inflation at 6.21% versus 4.94% while fuel group inflation is at 12.92% versus 11.49%, it reports.

NIFTY 3-Month