MARKET SUMMARY
The markets exhibited volatility in today’s trade oscillating between
the red and green before finally managing to close in the green.
Positive cues from the European indices supported the sentiments
towards the later half of the trading session. The benchmark indices
opened on a firm note tracking positive Asian stocks and on the
reports of the collections of direct tax during April to February 2010
of the current financial year which surged by 7.52 %. From the
sectoral front, most of the buying was seen in Realty, Teck, HC and
FMCG stocks. PSU and CD stocks faced selling pressure. BSE Midcap and
Smallcap stocks too closed with gain. The BSE Sensex closed higher by
22.79 points at 16,994.49 and NSE Nifty ended higher by 8.45 points at
5,088.70. BSE Midcap and Small cap closed with gains of 41.56 and
69.32 points at 6,735.49 and 8,499.64 respectively. The Sensex touched
intraday high of 17,097.71 and intraday low of 16,936.12.
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