FIIs were net buyers with the tune of ` 445.22 crore (prov. cash market fig.)
The BSE Sensex was up 105.53 points or 0.57% to 18,608.81, its highest closing level since 2 May 2011. The Sensex jumped 132.84 points at the day's high of 18,636.12 in morning trade. The index rose 11.38 points at the day's low of 18,514.66 in mid-morning trade. The S&P CNX Nifty was up 31.85 points or 0.57% to 5,592, its highest closing level since 2 May 2011. The Nifty hit high of 5,597.35 in late trade. The BSE Mid-Cap index rose 0.82% and the BSE Small-Cap index rose 0.87%. Both these indices outperformed the Sensex.
The market breadth was strong. On BSE, 1789 shares advanced while 1030 shares declined and a total of 134 shares remained unchanged. Among the 30-member Sensex pack, 22 stocks rose while the rest of them fell.
BSE clocked turnover of ` 2699 crore, lower than ` 3031.45 crore on Tuesday, 31 May 2011.
FOR TODAY: EU as well as US markets closed in deep RED. EU markets mostly closed with down more than 1% while US markets down with more than 2%. All Asian markets are trading in RED with negative bias. SGX Nifty is trading around 5529.50 (at 8.40 am), down 63 points indicating Nifty will open with a big gap-down.
TODAY THE RANGE WILL BE PROBABLY BETWEEN 5500-5610.
TODAY THE RANGE WILL BE PROBABLY BETWEEN 5500-5610.