Market Updates for Today (2nd June '11)

The market opened weak and stayed in the red right through the session with investors tracking global cues and pressing sales in several stocks.

The Sensex ended at 18,496.01 (provisional) with a loss of 112.80 points or 0.61%.

The Nifty closed at 5552.90, down 39.10 points or 0.7%.

Bank, metal, automobile and realty stocks declined on sustained selling.

Power, capital goods and IT stocks too traded weak. 

FMCG stocks outperformed the market. Select consumer durables, oil and pharma stocks edged higher.

Midcap and smallcap stocks drifted lower.

The market breadth was weak.