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| Markets could not close above the 17300/5180 hump as lesser-than expected Industrial Production data pushed them back. Sensex closed at 17119, down 70 points, while Nifty lost 17 points to end at 5117. BSE Mid-cap and Small-cap indices lost 0.6% and 0.7% respectively. Index of Industrial Production (IIP) for the month of October came in at 10.3% as against market expectation of about 12%. The IIP for the month of September was revised from 9.1% to 9.6%. On weekly basis Sensex and Nifty have closed almost flat, up 0.2% and 0.1% respectively. BSE Capital Goods and Teck indices were the top gainers among the sectoral indices, putting on 4% and 2.8% respectively over the week, while Metal and Healthcare indices lost 2.7% and 2.1% respectively. European markets were trading higher by about 1% while US stock indices futures were up by nearly 0.5% ahead of Retail Sales and |
| BSE Bankex and Realty indices were the top losers among the sectoral indices for the day, shedding 1.2% and 0.9% respectively, while Capital Goods and Power indices gained 0.6% each. BHEL surged 3.1%, becoming the top gainer among the Sensex stocks, followed by NTPC that gained 0.4%. Bharti Airtel and ICICI Bank lost the most, shedding 3.2% and 1.5% respectively. BSE advance-decline ratio stood at 1:1.6. |
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