MARKET SUMMARY
Domestic markets exhibited a strong performance on the back of strong global cues. The government’s decision to ease foreign investment rules also contributed to the positive sentiments. But India’s food price index grew for the year to 17.94% for the week ended 30th January 2010. Profit booking was seen during the mid session but towards the end all ended well. Most of the buying was witnessed in Oil & Gas, Auto, Realty, Metal, FMCG, Bank and IT stocks. BSE Midcap and Smallcap stocks also favour among the investors. The BSE Sensex closed higher by 230.42 points at 15,922.17 and NSE Nifty ended up by 69.65 points at 4,826.85. BSE Midcap and Smallcap closed with gains of 50.33 and 67.28 points at 6,509.74 and 8,303.08 respectively. The Sensex touched intraday high of 16,202.87 and intraday low of 15,928.28.
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