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Market Report

Thursday, 19-July-2012


  • The markets closed positive today with IT, oil & gas and consumer durables being the best performers. Capital goods and power, too, gained significantly and auto remained the only sector that closed negative. The Sensex closed at 17279, up 94 points from its previous close, and the Nifty shut shop at 5243, up 26 points.

  • The top Nifty gainers today were Cairn India, BPCL, Infosys and IDFC while the biggest losers included Maruti Suzuki, Bank of Baroda, Kotak Mahindra Bank and Bharti Airtel.

  • Bullish gap for the Nifty holds decisively, says Sarvendra Srivastav, technical analyst, on NDTV Profit. Exit shorts currently, he adds.

  • The market is likely to continue to be rangebound though the range has shifted marginally lower, says Mitesh Thacker, technical analyst, on ET Now. Key level on the Nifty is 5270-5300, he adds.

NIFTY 3-Month