FIIs were net buyers with the tune of ` 243.45 crore whereas DII were net sellers of ` 15.48 crore on Wednesday, the 21st September 2011(prov. fig.)
The BSE Sensex lost 34.13 points or 0.2% to settle at 17,065.15, its lowest closing level since 19 September 2011. The Index fell 98.67 points at the day's low of 17,000.61 in early afternoon trade. The Index rose 91.84 points at the day's high of 17,191.12 in morning trade, its highest level since 9 September 2011. The S&P CNX Nifty was down 6.95 points or 0.14% to settle at 5,133.25, its lowest closing level since 19 September 2011. The Index hit high of 5,168.40 in intraday trade, its highest level since 8 September 2011. The Index hit low of 5,109.85 in intraday trade. The BSE Mid-Cap index was up 0.73% and the BSE Small-Cap index was up 0.71%. Both these indices outperformed the Sensex.
The market breadth was positive. On BSE, 1,603 shares rose and 1,247 shares fell and a total of 119 shares remained unchanged. The breadth was much stronger earlier in the day. Among the 30-share Sensex pack, 16 fell and the remaining shares rose.
FOR TODAY: For today, my views are same as on yesterday.
WATCH 5177/5200/5230 AS RESISTANCES ON THE UPSIDE WHEREAS ON THE DOWNSIDE, 5100/5089/5067 MAY ACT AS SUPPORT.
AT 8.30 A.M., SGX NIFTY TRADING AT 5040, DOWN 85.50 INDICATING A BIG GAP-DOWN OPENING IN OUR MARKET. GLOBAL CUES TOO NEGATIVE ESPECIALLY ON THE VERGE OF FOMC MEETING AND FED'S GRIM OUTLOOK THOUGH IT HAS PROPOSED PLAN TO RAMP UP ITS AID TO HELP THE ECONOMY. INTRADAY TRADERS CAN BUY AROUND 5011-5014 SMALL QUANTITY.
