Market Wrap up today

Posted by | Posted in , , , , , , | Posted on Tuesday, May 25, 2010

Sensex :16,022(-2.71%) Nifty : 4,806 (-2.78%)
BSE MidCap: 6,489(-3.00%) BSE SmallCap: 8,176 (-3.43%)

Top Gaining Sectors: Nil
Top Losing Sectors: Metal, Consumer Durable, Capital Goods, Banking and Oil&Gas.

Market Moves:
Sixteen - Not so Sweet !!!
Weak overnight US cues, tension in Korean peninsula and further worsening of debt crisis in Europe were villains of the day. Stocks were sold off as fear gripped the bourses. All the sectoral indices ended in the negative. Sensex slipped below level of 16,000 for the first time since February 11, to marginally recover and end the session a tad above the sweet-spot.

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