Stock Market Updats Today- Friday 2nd September 2011

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Today markets traded on a positive note for the third consecutive day, the rally was mainly lead by Metal space followed by Oil & Goods, Auto and Realty stocks, Healthcare and Telecom etc. The markets managed to close with modest gains. The European markets are trading weak, the FTSE index is down by 97 points, DAX is down by 147 points and CAC index is down by 81 points. The Sensex settled at 16835 which is up by 158 points or above 6% (provisional) and Nifty settled at 5045 which is up by 44 points or above 6.3% from it's previous close. The CNX Midcap index is up by 4.2% and BSE Smallcap index also up by 3.2% over the week. Today's Top Gainers were Reliance Communication Ltd with +6.47%, Reliance Capital with +6.09%, DLF Ltd. with +5.64%, Tata Steel with +4.60%, Sterlite Industries with +4.24%. Top Loosers were IDFC with -3.51%, HCL Technologies with -3.39%, Tata Power Co. with -2.35%, Punjab Nationl Bank with -2.10%, Tata Consultancy with -1.95%.