FIIs were net buyers with the tune of ` 184.97 crore whereas DII were net buyers of ` 115.59 crore on Wednesday, the 28th September 2011(prov. fig.)
The BSE Sensex lost 78.01 points or 0.47% to settle at 16,446.02, its lowest closing level since 26 September 2011. The index rose 139.23 points at the day's high of 16,663.26 in early trade, its highest level since 22 September 2011. The index lost 160.40 points at the day's low of 16,363.63 in mid-afternoon trade. The S&P CNX Nifty lost 25.35 points or 0.51% to settle at 4,945.90, its lowest closing level since 26 September 2011. The Nifty hit a high of 5,006.05 in intraday trade, its highest level since 22 September 2011. The Nifty hit a low of 4,918.45 in intraday trade. The BSE Mid-Cap index fell 0.88% and the BSE Small-Cap index declined 0.97%. Both these indices underperformed the Sensex.
The market breadth was weak. On BSE, 1,772 shares declined and 1,038 shares rose and a total of 102 shares remained unchanged. Among the 30-share Sensex pack, 21 declined while the rest gained.
The BSE Sensex lost 78.01 points or 0.47% to settle at 16,446.02, its lowest closing level since 26 September 2011. The index rose 139.23 points at the day's high of 16,663.26 in early trade, its highest level since 22 September 2011. The index lost 160.40 points at the day's low of 16,363.63 in mid-afternoon trade. The S&P CNX Nifty lost 25.35 points or 0.51% to settle at 4,945.90, its lowest closing level since 26 September 2011. The Nifty hit a high of 5,006.05 in intraday trade, its highest level since 22 September 2011. The Nifty hit a low of 4,918.45 in intraday trade. The BSE Mid-Cap index fell 0.88% and the BSE Small-Cap index declined 0.97%. Both these indices underperformed the Sensex.
The market breadth was weak. On BSE, 1,772 shares declined and 1,038 shares rose and a total of 102 shares remained unchanged. Among the 30-share Sensex pack, 21 declined while the rest gained.
FOR TODAY: INTRADAY VIEWS ARE ALMOST SAME AS ON YESTERDAY'S VIEW. MOREOVER, BEING EXPIRY DAY, VOLATILITY WILL BE SEEN.
WATCH 4910/4885/4860-4864 ON THE DOWNSIDE WHEREAS SOME POSITIVE MOVE DUE TO ROLLOVER FOR OCTOBER SERIES MAY PULL NIFTY TOWARDS 4990/5015/5040.
KINDLY READ 'DISCLAIMER' BEFORE ANY ACTION TO BE TAKEN ON THE ABOVE VIEW.