FIIs were net sellers with the tune of ` 883.48 crore whereas DII were net buyers of ` 561.10 crore on Wednesday, the 24th August 2011(prov. fig.)
The BSE Sensex fell 213.49 points or 1.29% to settle at 16,284.98, its lowest closing level since 19 August 2011. The Sensex lost 244.69 points at the day's low of 16,253.78 at the fag end of the trading session. The index rose 34.75 points at the day's high of 16,533.22 in morning trade. The S&P CNX Nifty fell 60 points or 1.21% to settle at 4,888.90, its lowest closing level since 19 August 2011. The Nifty hit a high of 4,962.40 and low of 4,875.30 in intraday trade. The BSE Mid-Cap index was down 0.54% and the BSE Small-Cap index shed 0.51%. Both these indices outperformed the Sensex.
The market breadth turned negative from positive in late trade. On BSE, 1,528 shares declined and 1,313 shares advanced and a total of 112 shares remained unchanged. The market breadth was strong earlier in the day. Among the 30-share Sensex pack, 27 declined while only two of them managed gains.
FOR TODAY: BEING EXPIRY DAY, ITS BETTER TO AVOID ANY DERIVATIVE SEGMENT TRADING TODAY ESPECIALLY FOR AUGUST SERIES. VIX SUGGESTS MORE THAN AVERAGE VOLATILITY.
WATCH 4860/4845/4821 AND 4800 ON THE DOWNSIDE WHEREAS ON THE UPSIDE, 4915/4934/4955/4975/5015 WILL ACT AS RESISTANCE.
WATCH 4860/4845/4821 AND 4800 ON THE DOWNSIDE WHEREAS ON THE UPSIDE, 4915/4934/4955/4975/5015 WILL ACT AS RESISTANCE.
