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Follow on Google News | Strong Midday Start For Benchmark IndicesStock markets showed an impressive start in the mid day, but started declining after the afternoon.
By: paisawaisa On the other hand, the benchmark indices showed prominent gains in the mid-day sessions. Infact, the sectors that showed prominent gains were metal, information technology, automobile, and capital goods. Other than the Sensex and the Nifty that showed a gain of 162 points and 52 points respectively, even the BSE Midcap and the BSE Small cap showed a decent gain. The afternoon session was pretty ordinary as the Benchmark indices kept falling down which was clearly evident from the Sensex and Nifty rates. The worst hit are metals, realty and banking stocks. Even the CNX Midcap and the BSE Small cap were down by 1.5 percent and 1.6 percent respectively. The week had a disappointing ending with the Sensex at 8843 which is a fall of 199 points. Whereas the Nifty was down by 53 points, stopping at 2736. Other than this, even the Midcap and the Smallcap showed losses, falling down by 1.5 percent and 1.7 percent respectively. The top gainers of the day are ABB and ACC. Whereas the losers are ICICI bank, HCL Tech, Reliance Communications, TATA and Reliance Infra. For additional information on the news that is the subject of this release (or for a sample, copy or demo), contact Webmaster or visit http://www.paisawaisa.com End
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