Post Market Commentary - Apr 27 2010

Benchmark indices snapped five day winning streak to end lower by about a fourth of a percent. Sensex lost 55 points to close at 17690 while Nifty finished at 5308, down 14 points. BSE Mid-cap and Small-cap indices lost 0.3% and 0.01% respectively. European markets were down about a percent US stock indices futures were marginally in the red ahead of the start of a two-day Federal Reserve meeting.

Realty and Bankex were the top losers among the sectoral indices, shedding 1.4% and 0.8% respectively while FMCG and Healthcare indices gained 0.6% and 0.3% respectively. Cairn and ONGC gained the most among the Nifty stocks, putting on 3.4% and 2.9% respectively while JP Associate and Maruti were the top lsoers, down 4.2% and 3.9% respectively. BSE advance-decline ratio stood at 1:1.2.