FIIs were net sellers with the tune of ` 981.56 crore (prov. cash market fig).
The BSE 30-share Sensex was down 295.65 points or 1.53% to 19,091.17, its lowest closing level since 28 March 2011. The Sensex shed 315.35 points at the day's low of 19,071.47 in late trade. The index gained 262.40 points at the day's high of 19,649.22 in morning trade. The S&P CNX Nifty was down 95.45 points or 1.64% to 5,729.10, its lowest closing level since 28 March 2011. The Nifty hit low of 5,722.25 in late trade. The BSE Mid-Cap index fell 1.29% and the BSE Small-Cap index declined 1.29%. Both these indices outperformed the Sensex.
The market breadth was weak. On BSE, 1,822 shares declined while 1,099 shares rose and a total of 92 shares remained unchanged. The breadth was strong earlier in the day. Among the 30-member Sensex pack, 25 declined while rest of the shares advanced.
BSE clocked turnover of Rs 3374 crore, lower than Rs 3760.44 crore on Friday, 15 April 2011.
FOR DETAILS, “READ HERE”.
FNO DATA:
- Nifty Call options of strike 5800 added open interest by 50435 lots while Put options of strike 6000 shed open interest by 18124 lots.
- Nifty Put Call ratio stands at 1.7 with the total open interest in Call options at 1,322,764 lots and that in Put options at 1,548,942 lots.
- Volatility Index rose by 3.97% from 21.59 to 22.45.
FOR TODAY: The daily chart of Nifty is showing that it has made a gap between 5530 and 5560 on 25th March, 2011. Now Nifty is expected to get a strong support at 5700. If Nifty breaches 5700, it may further come down to 5530 to fill the gap. However if Nifty is able to main above 5700, it likely to move in the range of 5700 and 5970 in the short term.
SGX Nifty is trading at 5702, down 37 points. EU as well as US markets were closed yesterday down by more than 1%. All Asian markets are trading down nearly 1-1.5%.
WATCH 5700 CAREFULLY. ABOVE 5700, BUY WITH STRICT STOPLOSS OF 5684. TRY TO ACCUMULATE INFOSYS AROUND 2885-2900 WITH A VIEW OF ATLEAST THREE MONTHS. WATCH RIL, ONGC AND HUL.
WATCH 5700 CAREFULLY. ABOVE 5700, BUY WITH STRICT STOPLOSS OF 5684. TRY TO ACCUMULATE INFOSYS AROUND 2885-2900 WITH A VIEW OF ATLEAST THREE MONTHS. WATCH RIL, ONGC AND HUL.
“...MORE CALLS...”
