Post Market Review - Aug 25 2010

On the penultimate day of the expiry of the August derivative series, markets ended in the red for the second consecutive day on the back of weak global cues. Sensex lost 132 points to close at 18179 while Nifty finished at 5462, down 42 points. BSE Mid-cap and Small-cap indices lost 1.4% each. European markets were trading lower by half a percent while US stock indices futures were marginally in the read ahead of data on new home sales, durable goods order, mortgage application and house price index.




Barring BSE IT index, which gained 0.01%, all other sectoral indices finished in red with Realty and consumer Durable indices losing the most, down 3.2% and 1.6% respectively. Idea surged 4.5%, becoming the top gainer among the Nifty stocks, followed by Sterlite Industries, up 1.1%. Unitech and DLF were the top losers, down 3.8% and 3.6% respectively. BSE advance-decline ratio stood at 1:2.5.