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Indian stock market daily closing report (September 06, 2010)

Contributed by Nirmal Bang

By Nirmal Bang

The markets witnessed a spectacular rally and ended on a very strong note. All the major sectoral indices ended on a very strong note Metal and Oil & Gas counters being the highest gainers. The Sensex closed at 18,560 up 338 points and the Nifty was at 5,576 up 97 points after making an intra-day high of 5,589. The Mid cap and Small cap indices were up by 1.31% and 1.83% respectively. The breadth of the market was very strong and the total turnover recorded at Rs.1,34,733 Cr. The Sept future ended with 0.95 points discount.

In FMCG space ITC was up by 1.06% while Dabur was down by 0.57% & HUL was down by 0.35%.

In Metal space Tatasteel was up by 5.71%, Hindalco was up by 4.64%, Sterlite Inds. was up by 3.70%, Jswsteel was up by 2.87%, Sail was up by 2.42% & Sesagoa was up by 1.25%

In Oil & Gas Space Reliance Industries was up by 2.68%, Gail was up by 1.43%, ONGC was up by 1.21%, HPCL was up by 1.14%, IOC was up by 0.16% while BPCL was down by 0.47%.

In Auto space Maruti was up by 2.84%, Tatamotors was up by 1.87% while M&M was up by 0.78%.

Amongst the Senex gainers Tatasteel was up by 5.71%, Hindalco was up by 4.64%, Bajajauto was up 4.63% & ICICIBK. was up by 3.81%.

Amongst the Sensex losers Herohonda was down by 1.92%, Union BK. was down by 0.82 & BPCL was down by 0.47%.