FIIs were net sellers with the tune of ` 166.21 crore whereas DII were net buyers of ` 37.50 crore on Monday, the 19th September 2011(prov. fig.)
The BSE Sensex was down 188.48 points or 1.11% to settle at 16,745.35, its lowest closing level since 14 September 2011. The index fell 67.90 points at the day's high of 16,865.93 in early trade. The index declined 224.42 points at the day's low of 16,709.41 in mid-afternoon trade. The S&P CNX Nifty was down 52.30 points or 1.03% to 5,031.95, its lowest closing level since 14 September 2011. The Nifty hit a low of 5,019.25 in intraday trade. The Nifty hit a high of 5,068.40 in intraday trade. The BSE Mid-Cap index fell 0.29% and the BSE Small-Cap index declined 0.02%. Both these indices outperformed the Sensex.
The market breadth was negative. On BSE, 1,434 shares fell and 1,350 shares rose and a total of 103 shares remained unchanged. The breadth had become positive from negative in early trade. Among the 30-share Sensex pack, 21 fell and the rest rose.
FOR TODAY: THOUGH IN VERY SHORT TERM, MARKET WILL NOT GO ANYWHERE AND TO MOVE WITHIN A RANGE BETWEEN 4900-5200, BUT STILL WE SHOULD BE CAUTIOUS NOW.
AT 8.30 AM, SGX NIFTY IS TRADING AROUND 5027.50, DOWN 14.50. WATCH 5020/5011/5000 ON THE DOWN SIDE BREACHING WHICH NIFTY MAY HIT 4969-77 AREA. HOWEVER, IF GLOBAL CUES HELPS, NIFTY MAY HIT 5055/5067/5089 AND EVEN 5100 TODAY.
