FIIs were net buyers with the tune of Rs. 1446.18 cr (prov. cash market fig).
The BSE 30-share Sensex was up 464.90 points or 2.53% to 18,815.64, its highest closing since 25 January 2011. The index gained 507.56 points at the day's high of 18,858.30 in late trade. The Sensex rose 129.95 points at the day's low of 18,480.69 in early trade. The S&P CNX Nifty was up 131.85 points or 2.39% to 5,654.25, its highest closing since 25 January 2011. The Nifty hit an intraday high of 5,667.10. The BSE Mid-Cap index rose 1% and the BSE Small-Cap index rose 1.02%. Both these indices underperformed the Sensex.
The market breadth was strong. On BSE, 1722 shares advanced while 1255 shares declined and a total of 106 shares remained unchanged.
The total turnover on BSE amounted to Rs. 3265 crore, lower than Thursday's Rs. 3553 crore.
FOR TODAY: US markets closed positive, nearly 0.25-0.5% up. EU markets were also closed in Green. At 8.30 a.m., all Asian markets are trading in minor RED (negative bias) except Shanghai. SGX Nifty closed on Friday @5681 and then settled at 5674. Now SGX Nifty is trading at 5676, 2 points up.
WATCH 5690-5700 LEVEL. IF ANY FOLLOW UP OF FRIDAY'S BUYING IS SEEN IN OUR MARKET, THEN NIFTY WILL CROSS 5700 LEVEL AND 5750 IS THE MOST IMPORTANT LEVEL THAT TO BE CROSSED FOR MAKING A NEW HIGH.
ON THE FLIP SIDE,5640/5600/5560 ARE SUPPORTS NOW.
