Friday, June 22, 2012

Sensex, Nifty End In Red !!!


Talking about the Friday news, Sensex droped by 0.38 percent and closed at 16,967.68 down by 64.88 points and the Nifty ended 18.70 points down, ended at 5,146.30 down by 0.36 percent.
The Indian Rupee has weekend to a never so low level of 57.30 level against dollar, from Rs 56.80 against the dollar on Friday .
With the fall of rupee, the Gold prices. In MCX , Gold prices have reached to 29943 level with a gain of 0.34%.
 Experts say that above 29950, gold may go up to 30000-31150 level. So a strong Intraday buy is suggested for Day traders.
BSE Realty index (0.36%), BSE Auto index (0.09%), BSE Consumer Durable index (0.07%) and BSE Power index (0.01%) were the only indices which closed with gains. BSE Metal index (-1.63%), BSE Capital Goods index (-0.61%), BSE Teck index (-0.36%) and BSE IT index (-0.29%) were the top losers.

Among the 30 frontline stocks listed on the Sensex, top losers included Hindalco Industries (-3.34%), Tata Steel (-2.70%), Jindal Steel (-1.63%), Coal India (-1.24%) and HDFC (-1.19%).
Top gainers included ONGC (1.47%), Cipla (1.26%), Maruti Suzuki (1%), TCS (0.73%), Hero MotoCorp (0.53%) and Bajaj Auto (0.52%).