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Indian stock market daily closing report (March 19, 2010)

Contributed by Nirmal Bang

By Nirmal Bang

Market closed positive for fourth consecutive after a side way movement, There was huge buying seen in Telecom stocks like Bharati up by 3.65%, RCom up by 1.98% and Idea up by 2.08%. Market made an intraday High of 5270 and Low of 5237 and finally closed at 5263. The benchmark index Sensex closed at 17,519 up 59 points after making a high of 17,601 and low of 17,502. Among the broader indices - the BSE Midcap Index was up by 0.7% and Smallcap was up .37%. Today's market breadth was positive and Total Turnover was 93,932Cr which was .

IT stocks were down today, TCS was down .82% , Financial Technologies was down .56%,Wipro was down .38% and Infosys Technologies was down by .35%.

In the banking space, SBI was up by 1.42%, Hdfc Bank up by .84%, , Axis Bank was up .84%, ICICI Bank was down .58% and Kotak Bank down by 1.30%.

In Metal counters, SAIL was up by 1.13%, Tata Steel was up .80%, Sterlite was down .11% and Hindalco was down by .43%.

In Auto Space, Hero Hondawas up 1.76%, Maruti was up.50%, Tatamotors was up.46% and M&M was down by 1.27%.

Among the Sensex gainers were Hero Honda up 1.76%, SBI up 1.42%, HUL up 1.66% and Reliance up by 1.37%

Among the Sensex losers were Hdfc down 1.55%, DLF down by 1.36%, M&M down 1.27% and TCS down by .82%.