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Sensex closes 54 points down on listless trading

Tuesday, April 27, 2010
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Mumbai:A benchmark index of Indian equities closed lower Tuesday in range-bound trading. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,744.93 points, closed at 17,686.07 points, 59.21 points or 0.33 percent lower than its previous close at 17,745.28 points. The stock price chart for 52-weeks is given on left. At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was ruling at 5,307.5 points, a loss of 0.28 percent, from its previous close at 5,322.45 points. Broader market indices also ended subdued, with the BSE midcap index down 0.31 percent and the BSE smallcap index 0.06 percent lower. Auto major Maruti Suzuki was the biggest loser with a fall of 3.88 per cent to close at Rs 1,283.15 on concerns of margin pressure and slower sales growth this year in the fiercely-competitive compact car market. Other major losers were Jaiprakash Associates (down 3.74 per cent), SBI (1.60 percent), Sun Pharma (0.43 percent) and ICICI Bank (1.43 percent). However, the companies which were able to buck the trend included ONGC which closed up 2.86 percent.Other gainers in the market were M&M (1.64 percent), ITC (1.20 percent) and HDFC (1 percent).
Source: IANS
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