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Market Report

Wednesday, 30-May-2012

NSE

  • The markets lost significantly today with the auto sector taking a beating because of lower than expected numbers from Tata Motors. Other sectors that closed with sharp declines included consumer durables, realty, banking and capital goods. IT and tech made some gains. The Sensex closed at 16312, down 126 points from its previous close, and the Nifty shut shop at 4951, down 39 points.

  • The top Nifty gainers today were Ambuja Cements, ACC, Maruti and Sun Pharma while the biggest losers included Tata Motors, Reliance Infra, IDFC and BHEL.

  • 4940 is an important level to watch out for the Nifty, says Mitesh Thacker, technical analyst, on ET Now.

  • (No other Expert Comment today...)

NIFTY 3-Month