Monday, January 5, 2009

Sensex crosses 10k, Nifty above 3100; Retail stocks in green too

t was a cheerful day at Dalal Street last Monday. Markets ended up firm, thanks to strong global cues and a positive economic stimulus package, resulting in smart market rally. While the 30-share index Sensex shut shop at 10275, up 317 points, Nifty ended the day at 3121, up 74 points from its previous close. The market today opened on a quiet note with Sensex trading at 10257, up 21.15 points, and Nifty trading at 3126, up 5.3points from the previous close.

CNX Midcap index was up 1.36 per cent and BSE Smallcap index was up 1.21 per cent. The market breadth remained positive too with advances at 808 against declines of 407 on the NSE. BSE showed 1660 advances against 879 declines.

Top Nifty gainers included Tata Power and Sterlite, while losers included Satyam and Bharti.

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