Post Market Review - Sep 22 2010

After relentless run of past couple of sessions, it was the day of consolidation as benchmark indices closed lower by nearly a third of a percent after a choppy trade. European markets, after a positive opening, slipped in the red and were trading down by about two third of a percent. BSE Mid-cap and Small-cap indices lost 0.4% and 0.2% respectively. US stock indices futures were marginally in the red ahead of data on Consumer Confidence, Mortgage Application and House price index.



BSE Realty and IT indices lost the most among the sectoral indices, shedding 1.6% and 1.3% respectively while Consumer Durable index and Bankex gained the most, up 1% and 0.4% respectively. Maruti surged 3.4%, becoming the top gainer among the Nifty stocks, followed by ABB, up 1.8%. JP Associate and Cairn were the top losers, down 3% and 2.5% respectively. BSE advance-decline ratio stood at 1:1.6.