FIIs were net sellers with the tune of ` 230.3 crore whereas DII were net sellers of ` 402.88 crore on Thursday, the 29th September 2011(prov. fig.)
The BSE Sensex jumped 252.05 points or 1.53% to settle at 16,698.07, its highest closing level since 21 September 2011. The index jumped 310.06 points at the day's high of 16,756.08 in late trade. The index lost 129.36 points at the day's low of 16,316.66 in morning trade, its lowest level since 27 September 2011. The S&P CNX Nifty jumped 69.55 points or 1.41% to settle at 5,015.45, its highest level since 21 September 2011. The Nifty hit a high of 5,034.25 in intraday trade. The Nifty hit a low of 4,906 in intraday trade, its lowest level since 27 September 2011. The BSE Mid-Cap index fell 0.16% and the BSE Small-Cap index declined 0.11%. Both these indices underperformed the Sensex.
The market breadth was negative. On BSE, 1,515 shares declined and 1,270 shares gained and a total of 101 shares remained unchanged. Among the 30-share Sensex pack, 23 gained while the rest declined.
FOR TODAY: FII's are net seller in Cash market. From derivative angle, decent built-up has been observed in PUTs strike ranging 4700-5000 whereas 5200 call options added significant OI. The range for the Nifty (as of now) will be between 4700-5200.
WATCH TODAY FOR 5030/5050-5055/5100(AT THE MOST) ON UPSIDE WHEREAS ON THE DOWNSIDE IT MAY HIT AGAIN 4990/4970/4934. 4900-4910 ACTS AS MAJOR SUPPORT IN LAST EXPIRY.
WATCH TODAY FOR 5030/5050-5055/5100(AT THE MOST) ON UPSIDE WHEREAS ON THE DOWNSIDE IT MAY HIT AGAIN 4990/4970/4934. 4900-4910 ACTS AS MAJOR SUPPORT IN LAST EXPIRY.
