Ram Navami…BSE, NSE closed on Tuesday

This week is a truncated week as far as the stock market is concerned. On April 12, 2011, the BSE and NSE will remain closed on account of Ram Navami, which is a festival celebrating the birth of Lord Rama.


On Thursday again the stock market will remain closed on account of Dr. Babasaheb Ambedkar Jayanti.


On Monday, the Indian market remained under pressure after disappointing February IIP numbers.





The decline was led by Realty, Auto and Consumer Durables. Even the Mid-Cap and the Small-Cap stocks were under pressure.


The BSE Sensex ended at 19,262 losing 188 points. It had earlier touched a day's high of 19,426 and a day's low of 19,242. It opened at 19,382. The NSE Nifty lost 56 points to close at 5,785.


Among the BSE sectoral indices, the BSE Realty index was the top loser, the index lost 2.4% followed by BSE Consumer Durables index losing 2.5%, while, BSE Auto index lost 2.2%. BSE Mid-Cap index and BSE Small-Cap index lost 0.7% each.


Sun Pharma, Sesa Goa, Cipla, ITC, Infosys, reliance Capital, PNB and MTPC were among the notable leaders in the Sensex and the Nifty.


Siemens, IDFC, DLF, Jindal Steel, Axis Bank, HDFC, Tata Motors, M&M, JP Associate, ACC, RCOM, Bajaj Auto, GAIL, RIL, ONGC, TCS, HUL, Ranbaxy, Maruti Suzuki, RPower, Dr. Reddy's and Wipro were among the notable laggards in the Sensex and the Nifty.


Gammon Infra, Marico, JMD Telefilms, Ansal Properties, Gujarat Alkalies, Coromandel International, Novartis India, Amtek India, Polaris Software, Bhushan Steel and Abbott India are among the notable gainers in the broader market.


Outside the two main indices, the key losers are Sunteck Realty, JM Financials, Prestige Estates, IVR Prime, Mundra Port, Essar Ship Ports, United Breweries, Karuturi Global, IVRCL Infra, JK Tyre and IRB Infra.