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Indian stock market daily closing report (October 05, 2012)

Contributed by Nirmal Bang

The Indian markets ended in red today on account of profit booking on the back of gains in last 4 trading sessions. Th e Nifty has ended down 40 points today but it has touched 4,888.20 intraday with a loss of 899 points due to faulty o rder punched by a dealer of Emkay Shares and Stock Bro kers. This has resulted into halting of trade by the NSE between 9:50 am to 10:05 am today. The NSE announced that, ' The market circuit filter got triggered due to entry of 59 erroneous o rders which resulted in multiple trades for an aggregate value of over Rs 650 crore. These orders have been entered by a trading member Emkay Global Financial Services o n behalf of an institutional client.'

The breadth of the market was negative in today's trade.