Tuesday, December 23, 2008

>Anagram's Eveninger & Bulk Deals 22/12/2008

Markets ended on a weak note dragged by selling in heavyweights and weak global cues. Sensex lost 171 points to close at 9928, while Nifty finished at 3039, down 38 points. Most of the Asian markets closed in red, while European markets too were trading down. After our markets closed China cut it's CRR by 50 bps and Lending and deposit rates by 27 bps. Rupee was trading at 48/dollar as against Friday's closing of 47.25.
Oil & Gas index was the top loser among the BSE sectoral indices, down 3%, followed by Bankex, which lost 2.5%. Consumer Durablex and FMCG indices were the top gainers, up 2.9% and 0.2% respectively. Among the sensex stocks, Tata Motors and DLF gained the most, up 4.9% and 2.7% respectively, while ICICI Bank and Reliance lost 5.5% and 4.8% respectively. BSE advance-decline ratio stood at 1.01:1.
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Anagram's Eveninger & Bulk Deals 22/12/2008