FIIs were net buyers with the tune of Rs236.29 cr (prov. cash market fig).
The BSE 30-share Sensex was up 149.25 points or 0.84% to 17,988.30. The index rose 39.75 points at the day's low of 17,878.80 in morning trade. The Sensex gained 202.33 points at the day's high of 18,041.38 in mid-afternoon trade. The S&P CNX Nifty was up 49.10 points or 0.92% to 5,413.85 after gyrating between 5,428.15 and 5,376.15 during the day. The BSE Mid-Cap index rose 0.79% and the BSE Small-Cap index rose 0.54%. Both these indices underperformed the Sensex.
The market breadth was positive. On BSE, 1581 shares advanced while 1323 shares declined and a total of 116 shares remained unchanged. The breadth was much stronger earlier in the day.
FOR TODAY: EU as well as US markets closed down, nearly 0.01-0.03%. Today, Asian markets are trading almost flat with negative bias. SGX Nifty is trading 5410, down 28 points (around 8.35 a.m.) suggests that Nifty spot may open around flat to negative.
WATCH FOR 5420 and 5433 level in nifty spot. If crosses with volume, we may expect 5455 and 5480 level. Remember, yesterday's volume was the lowest for the last 20 days. On the downside, WATCH FOR 5400 and 5390 level. Below that nifty may hit 5377 and 5350.
ALWAYS TRADE WITH STRICT STOPLOSS. Prior to any action is to be taken by anybody, they are requested to kindly go through the 'WARNING' clause in the Blog.
