The Indian benchmarks ended the day on a negative note on January 10, 2014. The indexes opened flat and they made a bottom in the first hour of the day. Soon, they started gaining grounds and crossed the weekly highs touched till Thursday on the back of better than expected Infosys results. However, towards the end they lost the major part of gains and closed near the opening levels. The Sensex ended up 45.12 points at 20758.49, while the Nifty closed at 6171.45, up 3.10 points. Infosys remained star of the day with a gain of 3 percent followed by Wipro and TCS. ITC supported the market. However, banks were under constant selling pressure. While the BSE Midcap index lost 0.94 percent and Small cap index lost two-thirds of a percentage point. Infosys, Wipro, ITC, TCS, and Dr Reddy’s Lab were top gainers in the Sensex. On the losing side were ICICI Bank, Coal India, M&M, Hindalco Ind & SSLT. On the sectoral front, indexes closed mixed. The IT Index closed as the biggest gainer with the gains of two and one-tens of a percentage point. On the other hand the Realty Index closed as the biggest loser with a loss of slightly more than one and half a percentage point.
Further, the market breadth closed negative as two stocks were seen advancing against three declining stocks.
Further, the market breadth closed negative as two stocks were seen advancing against three declining stocks.
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