FIIs were net sellers with the tune of ` 488.67 crore whereas DII were net buyers of ` 330.42 crore on Thursday, the 18th August 2011(prov. fig.)
The BSE Sensex tumbled 371.61 points or 2.2% to settle at 16,469.79, its lowest closing level since 26 May 2010. The Sensex lost 407.49 points at the day's low of 16,433.31 in late trade. The index rose 76.01 points at the day's high of 16,916.81 in early trade. The S&P CNX Nifty tanked 112.45 points or 2.22% to settle at 4,944.15, its lowest closing level since 26 May 2010. The Nifty hit a low of 4,932.15 and high of 5,078.60 in intraday trade. The BSE Mid-Cap index declined 2.05%, outperforming the Sensex. The BSE Small-Cap index fell 2.62%, underperforming the Sensex.
The market breadth was quite weak. On BSE, 2,200 shares fell and 669 shares rose and a total of 96 shares remained unchanged. Among the 30-share Sensex pack, 26 declined while the rest gained.
FOR TODAY: Global uncertainties, fear of further interest rate hike etc. shows its colour in Indian Market. Certainly, yesterday was BEAR's day. Today most probably another down day. TREND IS TOO WEAK and not only short-term but in medium-term also, trend is down. Trend will be up only, if only, Nifty trades above 5224 now.
TODAY WATCH 4860 AND 4824 ON THE DOWN SIDE. IF NIFTY TRADE WITH VOLUME ABOVE 4950/5015 ONLY THEN WE MAY SEE SOME UPSIDE IN THIS SERIES (MAXIMUM UPTO 5200)
TODAY WATCH 4860 AND 4824 ON THE DOWN SIDE. IF NIFTY TRADE WITH VOLUME ABOVE 4950/5015 ONLY THEN WE MAY SEE SOME UPSIDE IN THIS SERIES (MAXIMUM UPTO 5200)
