The FIIs were net sellers with sales worth Rs 81.73 Cr (prov. cash market fig).
Indian equity market could not capitalize on the extremely positive global cues as sharp sell-off in the last hour of trade, following the news of arrest of former telecom minister A Raja, made the benchmark indices lose most of the intraday gains.
After a solid start and a promising day, the close was highly disappointing with the key stock indices ending just a tad higher owing to a sudden decline in the last half an hour or so.
The BSE 30-share Sensex was up 68.40 points or 0.38% to 18,090.62. The index gained 283.78 points at the day's high of 18,306 in mid-morning trade. The index rose 20.39 points at the day's low of 18,042.61 in late trade. The S&P CNX Nifty was up 14.80 points or 0.27% at 5,432. The BSE Mid-Cap index fell 0.03%. The BSE Small-Cap index gained 0.08%. Both these indices underperformed the Sensex.
FOR TODAY: the market has closed as indecisive "Inside Day". US as well EU markets closed flat except FTSE. Asian markets are trading mixed. SGX Nifty is trading at 5425, 7 points lower. Nifty may open around 5421-5431 and try to move 5445.
Today's trading range probably between 5400 and 5515. Below 5400, the supports are at 5350 and 5320. On the upside, resistances are at 5515, 5548, 5585.
