FIIs were net buyers with the tune of ` 64.66 crore on Friday, the 28th July 2011(prov. fig.)
The BSE Sensex was down 222.73 points or 1.21% to 18,209.52, its lowest closing level since 23 June 2011. The Sensex declined 104.40 points at the day's high of 18,327.85 in early trade. The index slumped 243.37 points at the day's low of 18,188.88 in late trade. The S&P CNX Nifty was down 59.05 points or 1.06% to 5,487.75, its lowest closing level since 24 June 2011. The Nifty hit low of 5,475.65 in intraday trade. The BSE Mid-Cap index fell 0.88% and the BSE Small-Cap index shed 0.93%. Both these indices outperformed the Sensex.
The BSE Sensex was down 222.73 points or 1.21% to 18,209.52, its lowest closing level since 23 June 2011. The Sensex declined 104.40 points at the day's high of 18,327.85 in early trade. The index slumped 243.37 points at the day's low of 18,188.88 in late trade. The S&P CNX Nifty was down 59.05 points or 1.06% to 5,487.75, its lowest closing level since 24 June 2011. The Nifty hit low of 5,475.65 in intraday trade. The BSE Mid-Cap index fell 0.88% and the BSE Small-Cap index shed 0.93%. Both these indices outperformed the Sensex.
The market breadth was weak. On BSE, 1,878 shares declined and 974 shares advanced and a total of 129 shares remained unchanged. From the 30 share Sensex pack, 24 stocks fell and the rest rose.
FOR TODAY: AFTER THREE CONSECUTIVE DAY'S DOWNFALL TILL EXPIRY DAY, AN UPMOVE OF 60/80 POINTS IN NIFTY IS EXPECTED.
WATCH 5468-70/5445 ON THE DOWNSIDE AND 5524/5541/5550 ON THE UPSIDE. THE TRADING RANGE MAY BE BETWEEN 5450 AND 5550. ANY CROSSOVER 5441 ON DOWNSIDE WILL RESULT 5400/5300 IN NEAR FUTURE.
