Wednesday, November 11, 2009

BSE closed down 58 points

The Bombay Stock Exchange benchmark Sensex closed down 58.16 points at 16,440.56 on Tuesday.

Sensex Down
It was below Monday's closing. However, the Senesx moved to 16,677.53 points in the afternoon but could not forward it till the trading ended due to selling of stocks by investors. In the same way, the National Stock Exchange index Nifty experienced the same story. It also ended in negative at 4,881.7 points down 0.34 per cent from its previous close.

The market breadth was negative, with 1,463 stocks declining, 1,290 advancing and 56 remaining unchanged.

The top stock in today's trading was Tata Motors. Tata Motors gained 2.6 per cent to Rs 609.1 on account of robust sales in October. Its sales moved to 34 per cent to 132,165 vehicles in October, according to SIAM. Similarly, another auto maker, Mahindra and Mahindra increased 1.5 per cent to Rs 1,017.95. ICICI Bank, Reliance Industries and State Bank of India also registered grwoth while Maruti Suzuki, Hero Honda and Reliance Industries were among the losers in today's trading.

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