Market at close

4:00 PM - It was a gap-down opening for the markets today and the indices slipped further in the morning but recovered from the lows of the day to close with about 0.85% losses. Realty, auto and capital goods were the biggest losers today and housing finance companies also tumbled on the news that there would not be any charges on pre-payment of housing loans. IT was the lone sector that closed in the green. The Sensex closed at 16937, down 148 points from its previous close, and the Nifty shut shop at 5092, down 47 points. The CNX Midcap index closed with 1.1% loss while the BSE Smallcap index was down 0.5% in today's trade. The market breadth was negative with advances at 470 against declines of 934 on the NSE. The top Nifty gainers were Tata Steel, HCL Tech, Jindal Steel andBharti Airtel while the biggest losers included HDFC, IDFC, DLF and JP Associates.

3:34 PM - The markets closed with significant losses today with IT being the sole sector to close positive. The Sensex closed at 16943 (provisional), down 142 points from its previous close, and the Nifty closed at 5091 (provisional), down 48 points. The CNX Midcap index was down 1.2% and the BSE Smallcap index lost 0.5%. The market breadth was negative with advances at 477 against declines of 940 on the NSE.

Source: money.rediff.com