Post Market Review - Aug 26 2010

Benchmark indices closed marginally in the green after a choppy trade on the expiry of the August derivative series. Sensex gained 46 points to close at 18226 while Nifty finished at 5478, up 15 points. BSE Mid-cap index lost 0.1% while the small-cap index gained 0.1%. Sensex as well as Nifty have gained 1.3% during the August derivative series. Food inflation for the week ended August 14 came in at 10.05%, the previous week’s figure being 10.35%. Fuel price index rose 12.57%, remaining unchanged at previous week’s level while Primary Article inflation stood at 14.75% as against 14.85%. European markets were trading higher by just under a percent while US stock indices futures were up about a third of a percent ahead of jobless claims data.



BSE FMCG and Power indices were the top gainers among the sectoral indices, putting on 1.2% and 0.9% respectively while Oil & Gas and Realty indices lost 0.6% and 0.5% respectively. NTPC and ITC gained 2.6% and 2.2% respectively, becoming the top gainers among the Nifty stocks while Suzlon and Idea lost the most, down 2.8% and 2.1% respectively. BSE advance-decline ratio stood at 1:1.2.