Monday, December 27, 2010

Nifty ended the day with down by 44 points, settle at 5998

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Indian shares ended the day with red closed 0.2% lower on Monday. The 30-share BSE Sensex closed at 20029, down 44.7 points and the 50-share NSE Nifty fell 13.5 points to settle at 5,998 as investors locked in some gains.

Metal producer Sterlite Industries , top mobile phone operator Bharti Airtel and India's most valuable firm Reliance Industries led the losses. ADAG's Reliance Communications closed down 3.6 percent at 136.85 rupees, after elder brother Mukesh Ambani's Reliance Industries on Friday denied market talk it was planning to invest in India's No. 2 mobile operator. Reliance Communications stock had risen 10.5 percent on Friday, helped by the market rumour. The 30-share main BSE index .

The Newly listed Ravi Kumar Distilleries closed at Rs 80.05 up 25.08% over issue price of Rs 64 a share. In smallcap space, Shriram EPC, Transport Corp, Venkys, Gokul Refoils and Kanani Industries went up 10-12.2% whereas Centrum Finance, Midfield Industries, EIH Associated Hotel, SVC Resources and Sujana Towers lost 5% each.

About 1502 shares advanced on Bombay Stock Exchange while 1441 shares declined.

Total traded turnover on exchanges stood at Rs 1,18,992.19 crore. This included Rs 9,317.43 crore from NSE cash segment, Rs 1,06,622.35 crore from NSE F&O and the rest of Rs 3,052.41 crore from BSE cash segment.


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