FIIs were net sellers with the tune of ` 177.75 crore on Tuesday, the 26th July 2011(prov. fig.)
The BSE Sensex fell 353.07 points or 1.87% to settle at 18,518.22, its lowest closing level since 21 July 2011. The index slumped 389.66 points at the day's low of 18,481.63 in late trade. The Sensex rose 73.31 points at the day's high of 18,944.60 in early trade, its highest level since 8 July 2011. The S&P CNX Nifty fell 105.45 points or 1.86% to 5,574.85, its lowest closing level since 21 July 2011. The Nifty hit a low of 5,560.15 in intraday trade. The Nifty hit high of 5,702.25 in intraday trade, its highest level since 8 July 2011. The BSE Mid-Cap index fell 1.01% and the BSE Small-Cap index fell 0.80%. Both these indices outperformed the Sensex.
The market breadth was weak. On BSE, 1,887 shares declined and 1,000 shares advanced and a total of 117 shares remained unchanged. The breadth was positive in early trade, before the announcement of RBI's monetary policy.
FOR TODAY: The market may remain volatile as traders roll over positions in the derivatives segment from the near-month July 2011 series to August 2011 series ahead of the expiry of July 2011 derivatives contracts on Thursday, 28 July 2011.
WATCH 5567/5524/5500 ON THE DOWNSIDE WHEREAS ON THE UPSIDE RESISTANCES ARE 5589/5604/5611/5641.
