FIIs were net sellers with the tune of ` 59.79 crore whereas DIIs were net buyers of ` 266.25 crore on Thursday, the 11th August 2011(prov. fig.)
The BSE Sensex was down 71.11 points or 0.42% to 17,059.40, its lowest closing level since Tuesday, 9 August 2011. The Sensex rose 77.31 points at the day's high of 17,207.82 in early afternoon trade. The index fell 117.56 points at the day's low of 17,012.95 in morning trade. The S&P CNX Nifty was down 22.70 points or 0.44% to 5,138.30, its lowest closing level since Tuesday, 9 August 2011. The Nifty hit a high of 5,184.95 in intraday trade. The Nifty hit a low of 5,121 in intraday trade. The BSE Mid-Cap index fell 0.16% and the BSE Small-Cap index declined 0.19%. Both these indices outperformed the Sensex.
The market breadth was negative. On BSE, 1,488 shares fell while 1,338 shares rose and a total of 108 shares remained unchanged. The breadth alternately moved between positive and negative zone during the second half of the trading session. Among the 30-share Sensex pack, 21 fell and the rest rose.
FOR TODAY: PCR=1.09 and PCR(VOL)=1.01 VIX=29.09 in comparison of yesterday's 28.95 suggesting though market breadth is weak but there is every possibility to cover at any time. India VIX increase indicating more volatility.
WATCH 5177/5200/5224 ON THE UPSIDE. HOWEVER, ON THE DOWNSIDE, WATCH 5131 AND 5111.