Market Summary
It was a volatile and weak day of trade for our market today and traders are jittery ahead of the RBI's credit policy tomorrow. This is also F&O expiry week so experts expect some choppiness. The market closed in the negative today with buying in IT and auto stocks and selling in realty and banking stocks. Sensex shut shop at 16740, down 70 points and Nifty at 4970, down 26 points from the previous close. CNX Midcap index was down 1.61% and BSE Smallcap index was down 1.31%. The market breadth was negative with advances at 389 against declines of 891 on the NSE. Top Nifty gainers included Cipla, Ranbaxy and Tata Steel while losers wereUnitech, DLF and Suzlon.
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