Market today

Today as i hope market trade and nifty touch its intraday high around 11 am thereafter selling pressure to continue in market whcih will pull market at new low and continue to break all level before closing lowest level for today nifty spot close at 4935.down almost 95 point from its preveious close where bse sensex almost down 320 point .

All indices down in market and lot of stock join list of 52 week low ,worst continue in stock like educomp,suzlon ,unitech and adani group shares.gaining stock like pantaloon up almost 12 % onthe news of FDI permisson in retail segment hope for stock.

sectorial indices

BANK NIFTY    8,930.90        -130.65     -1.44 %

CNX AUTO      3,608.85        -66.50       -1.81 %
  
CNX ENERGY   7,640.95       -257.05      -3.25 %
 
CNX FMCG     10,492.75      -153.35       -1.44 %

CNX INFRA      2,448.10       -48.40        -1.94 %

CNX IT           6,065.10       -46.00        -0.75 %

CNX MEDIA    1,154.20        -12.45        -1.07 %

CNX METAL    2,806.30        -62.15        -2.17 %
 
CNX MNC       4,654.75        -78.30        -1.65 %

CNX PHARMA  4,579.00        -67.30        -1.45 %

CNX REALTY     218.55          -5.80        -2.59 %
 
CNX PSU BANK 2,999.80      -42.90        -1.41 %

Supreme court on greater noida land issue

Supreme court on wednesday up help mayawati government and GNIDA (greaternoida industrial development authority ) on issue of 156 acre land acquisition of farmers greater noida in uttar pradesh.
In a order of double bench justice singhavi and justice ganguly imposed a penalty of 10 lakh rs.on GNIDA, court say that acquisition of farmer land is totally violation of accusation law and seems misuse of power .
GNIDA acquire land for industrial use but change the use in construction and allotted to builders,court stated it seems state government only working for developers and builders only,massive acquisition of villages and transferred it to builders shown misusing of power.
A big set beck for reality companies like UNITECH,AMARPALI & AJNARA who already construct building on this land and ready to gave possession to costumer,this order also a big shock over mayawati government before state election.