FIIs were net buyers with the tune of ` 395.16 crore whereas DII were net buyers of ` 39.33 crore on Friday, the 16th September 2011(prov. fig.)
FIIs were net sellers with the tune of ` 917.26 crore in the last week whereas DIIs are the net buyers of ` 410.17 crore.
The BSE Sensex rose 57.29 points or 0.34% to settle at 16,933.83, its highest closing level since 8 September 2011. The index jumped 246 points at the day's high of 17,122.54 in early afternoon trade. The index gained 13.02 points at the day's low of 16,889.58 in early afternoon trade. The S&P CNX Nifty rose 8.55 points or 0.17% to settle at 5,084.25, its highest level since 8 September 2011. The Nifty hit a high of 5,143.60 in intraday trade. The Nifty hit a low of 5,068.10 in intraday trade, its lowest level since 15 September 2011. The BSE Mid-Cap index rose 0.38% and outperformed the Sensex. The BSE Small-Cap index fell 0.01% and underperformed the Sensex.
The market breadth was negative. On BSE, 1,473 shares fell and 1,392 shares rose and a total of 131 shares remained unchanged. The breadth swung alternately between positive and negative zone earlier in the day. Among the 30-share Sensex pack, 17 fell and the rest rose.
FOR TODAY: ON DAILY CHART, SELL TRIGGER WAS GENERATED ON FRIDAY LAST HALF AN HOUR. CAUTION IS ADVISED THOUGH NIFTY HAS EVERY POTENTIAL TO HIT A NEW HIGH. HOWEVER, ITS BETTER TO BE CAUTIOUS. AS PER OI DATA, NIFTY MAY BE IN A RANGE BOUND MOVE BETWEEN 4900-5200 FOR THE NEAR TERM.
WATCH 5100/5115/5130/5155 & 5177 ON THE UPSIDE THAT MAY ACT AS RESISTANCE WHEREAS ON THE DOWNSIDE, 5067/5041/5034/5020/5000/4993 MAY ACT AS SUPPORT AREA.
AT AROUND 8.55 A.M., SGX NIFTY IS TRADING AT 5032.................... WILL IT BE A DOWN DAY? 