Monday, May 15, 2006

Indian Stock Market - Evening Update (Monday)

Raising Crude Oil Prices,Raising in Interest rates and weak global markets pulled Indian Stocks down to one of the worst falls since 2004.It was literally a Free fall for Sensex which broke all support levels and finally closed the day down -3.77% or 462 points at 11,822.
Metal stocks took heavy beating, Metal Index was down by about -11%,Oil and Gas Index was down by -4.3%, Auto,FMCG and Cap Goods shed -4% each.

Sensex
Day's Range : 11,770 - 12,272
BSE 100 : 6,127
BSE MidCap : 5,775
BSE SmallCap : 7,469

Nifty also had a similar fall and closed in red at 3,502 down -4%

Nifty
Day's Range : 3482 - 3653
CNX Nifty Junior : 6693.85 -5.24%
CNX IT : 4304.90 -2.28%
CNX 100 : 3423.45 -4.21%

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