FIIs were net sellers with the tune of ` 45.82 crore whereas DII were net buyers of ` 182.68 crore on Wednesday, the 14th September 2011(prov. fig.)
The BSE Sensex jumped 242.16 points or 1.47% to settle at 16,709.60, its highest closing level since 9 September 2011. The index jumped 286.78 points at the day's high of 16,754.22 in late trade. The index fell 80.06 points at the day's low of 16,387.38 in mid-morning trade. The S&P CNX Nifty was up 71.60 points or 1.45% to settle at 5,012.55, its highest closing level since 9 September 2011. The Nifty hit a high of 5,026.15 and a low of 4,917.40 in intraday trade. The BSE Mid-Cap index rose 0.21% and the BSE Small-Cap index gained 0.37%. Both these indices underperformed the Sensex.
The market breadth was positive. On BSE, 1,520 shares rose and 1,285 shares declined and a total of 109 shares remained unchanged. Among the 30-share Sensex pack, 24 gained while the rest slipped.
FOR TODAY: NIFTY AGAIN TAKE A SUPPORT AROUND 4911 AND BOUNCED BACK. WATCH 5000 ON THE DOWNSIDE BREACHING WHICH IT MAY HIT 4970 LEVEL. HOWEVER, IF GLOBAL CUES HELPS ON POSITIVE SIDE, WE MAY SEE NIFTY AROUND 5055/5088 AND EVEN 5100 LEVEL ON INTRADAY BASIS.
