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Wednesday, March 23, 2011

News For Stock Market : NSE - BSE Closed In Green Today

Today markets traded smoothly with low fluctuations and all sectors gained with good volume.  As investors bought stocks across the board at lower levels, Indian markets ended near day's highs. Realty, banks and metals were amongst the top performing sectoral indices. Realty and banking  sectors showed gains in a single trading session. 
The Sensex closed at 18206, up 217 points from its previous close, and Nifty closed at 5480, up 66 points.
Equity benchmarks of NSE BSE rallied for today also, with the Sensex surging more than 200 points on the back of support from 25 out of 30 stocks including major heavyweights like Reliance Industries, ICICI Bank, Infosys and BHEL.

The CNX Midcap index was up 0.7% and the BSE Smallcap index was up 0.6%. The market breadth was positive with advances at 782 against declines of 500 on the NSE. The top Nifty gainers were Cipla, Sesa Goa, ICICI Bank and JP Associates and top losers included Mahindra & Mahindra, Jindal Steel, TCS and Siemens.   
However, experts believe that crude oil remains a big concern for Indian market. They said, crude oil prices continued to be a dominant factor affecting market sentiment. If oil prices go below USD 100 a barrel, India will be positively viewed.
However, today Both benchmark indices were closed with gaining profit as big stocks performed really well.
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