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Equity benchmarks opened with strong gains but erased their early gains and dropped in the negative zone. Finally Sensex closed at 28220 with 113 points down and Nifty closed 25 points down at 8743. Midcap Sectors outperformed today. BSE Smallcap hiked 81 points to 13290, BSE midcap gains 67 points at 13617 and Nifty Midcap closed at 16076 with 96 points up.

Today’s Top gainers are Tata Motors (D), UltraTechCement, BPCL, Hindalco, Bharti Infratel while today’s top losers include ONGC, Axis Bank, Idea Cellular, Bajaj Auto, Hero Motocorp.

Global indices closed with average points hike. Nikkei closed with a hike of 83 points at 16819, Hang Seng gained 98 points at 23788 and Shanghai Composite hiked 7 points at 3005.

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