FIIs were net sellers with the tune of ` 798.53 crore (prov. cash market fig.)
The BSE Sensex rose 42.63 points or 0.23% to 18,308.66, its highest closing level since 9 June 2011. The index fell 4.92 points at the day's low of 18,261.11 in afternoon trade. The Sensex gained 114.16 points at the day's high of 18,380.19 in morning trade. The S&P CNX Nifty was up 17.70 points or 0.32% to 5,500.50, its highest closing level since 9 June 2011. The BSE Mid-Cap index rose 0.6% and the BSE Small-Cap index gained 0.37%. Both these indices outperformed the Sensex.
The market breadth was positive. On BSE, 1,618 shares advanced while 1,220 shares declined and a total of 127 shares remained unchanged. Among the 30-member Sensex pack, 21 stocks rose while the rest of them fell.
BSE clocked turnover of ` 3846 crore, higher than ` 2483.55 crore on Monday, 13 June 2011, due to a large block deal in HDFC counter.
FOR TODAY: EU as well as US markets were closed positively with good gains. However, Asian markets are trading mixed but mostly with negative bias. SGX Nifty is trading around 5506 (at 8.30 am), down 10 points suggesting that Nifty may open flat to positive and will try to move upwards, if global cues supports.
WATCH 5511 LEVEL TODAY. ABOVE 5511, IT MAY AGAIN HIT YESTERDAY'S HIGH, THEREAFTER 5541/5550. ON THE DOWNSIDE, IF NIFTY SPOT NOT ABLE TO MOVE BEYOND 5511, 5489 AND 5463 ARE MAJOR SUPPORTS.
