The Nifty index in India lost 0.8% due to weak global market cues from disappointing US jobs data and a sliding rupee. The Sensex closed down 0.74% as metals, power and capital goods sectors declined over 1%, while advances outweighed declines on the BSE. Tata Consultancy Services and Dr. Reddy's Laboratories were among the few gainers on the indices.

1. Nifty loses 0.8% on global cues
Market Summary
09-Jul-2012
After opening the day gap down tracking weak global cues, Indian benchmarks went down deeper in red as the day progressed.
Disappointing US jobs data reinforced the global growth worries persuading global indices to trade in negative territories. Rupee
sliding against US dollar has put additional pressure on Indian equities as INR surpassed 56/USD yet again according to RBI ref
data. On positive side lower inflation number reported by China fueled speculation about further monetary easing by China.
The market breadthf on the BSE closed in negative. Advances and declining stocks were in a ratio of 1086:1751 while 107 scrips
remained unmoved.
The BSE Sensex ended at 17391.98, down 129.14 points or 0.74%. The 30 share index touched a high and a low of 17485.79 and
17343.55 respectively. 3 stocks advanced against 27 declining ones on the benchmark index.
The S&P CNX Nifty lost 41.80 points or 0.79% to settle at 5275.15. The index touched high and low of 5300.60 and 5257.75
respectively. 5 stocks advanced against 45 declining ones on the index.
Sensex Nifty
The BSE Mid-cap index moved down to 6238.19 and lost 1.20% while Small-cap index hammered down by 1.06% to 6750.33.
The broader BSE 500 index decreased to 6703.09 (down 0.94%) and S&P CNX 500 index declined to 4184.15 (down 0.95%).
The volatility as denoted by INDIA VIX gained 3.77% at 18.72 from its previous close of 18.04 on Friday.
Sectors in action
Metals (down 1.55%), Power (down 1.54%) and Capital Goods (down 1.25%) were the top losers.
There was no gainer among BSE sectorials today.
The Angels and the Devils
Tata Consultancy Services Limited (up 0.95%), Dr. Reddys Laboratories Ltd. (up 0.84%) and Hindalco Industries Ltd. (up 0.12%) were
the top gainers on the Sensex.
Hero MotoCorp Ltd. (down 2.62%), Jindal Steel And Power Limited. (down 2.56%), T Steel Limited (down 2.32%), Bajaj Auto
ata
Limited (down 2.30%) and Maruti Suzuki India Limited (down 2.28%) were the top losers on the Sensex.
Benchmark Drivers
Housing Development Finance Corporation Limited (-13.80 points), Larsen And T oubro Limited (-10.95 points), HDFC Bank (-9.38
points), ITC Limited (-8.79 points) and Tata Steel Limited (-8.41 points) were the major Sensex drivers today.
On the other end Housing Development Finance Corporation Limited (-3.55 points), Larsen And Toubro Limited (-2.75 points), Tata
Steel Limited (-2.24 points), T Consultancy Services Limited (2.12 points) and HDFC Bank (-1.95 points) were the major Nifty
ata
movers today.
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