Monday, November 26, 2007

The Asian markets closed in the positive and taking global cues the Indian market also closed on a good note. The Sensex closed at 19247, up 394 points while Nifty closed at 5731, up 123 points from the previous close.

The BSE Midcaps and Smallcaps Index both closed in the positive, up nearly 1.8%. The market was powered by the BSE Metal Index that was up by 6.3%. The BSE Power and BSE Bankex also reported good gains.

The market breadth was positive with advances at 818 against declines of 374 on the NSE. The Nifty gainers included Nalco, SAIL, HDFC Bank and Unitech and losers included RPL, Siemens, MTNL and Tata Motors.

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