FIIs were net buyers with the tune of ` 431.48 crore whereas DII were net sellers of ` 415.17 crore on Tuesday, the 6th September 2011(prov. fig.)
The BSE Sensex was up 149.48 points or 0.89% to 16,862.81, its highest closing level since 11 August 2011. The index gained 181.40 points at the day's high of 16,894.73 in late trade. The index lost 225.03 points at the day's low of 16,488.30 in mid-morning trade. The S&P CNX Nifty was up 47.10 points or 0.94% to 5,064.30, its highest closing level since 12 August 2011. The index gyrated between 5,072.90 and 4,942.90 during the day. The BSE Mid-Cap index rose 0.59% and BSE Small-Cap index gained 0.71%. Both these indices underperformed Sensex.
The market breadth was positive. On BSE, 1634 shares gained and 1178 shares declined and a total of 114 shares remained unchanged. Among the 30-share Sensex pack, 19 gained while the rest declined.
FOR TODAY: The dramatic way Nifty bounced back from its low 4942 level, seems that Nifty would not like to go beyond 4900 on the downside with the help of FII inflow. US markets recover a lot yesterday. SGX Nifty also trading at this moment around 5089 (a crucial poiint), up 20.50, recovered from 5030/5032.
The BSE Sensex was up 149.48 points or 0.89% to 16,862.81, its highest closing level since 11 August 2011. The index gained 181.40 points at the day's high of 16,894.73 in late trade. The index lost 225.03 points at the day's low of 16,488.30 in mid-morning trade. The S&P CNX Nifty was up 47.10 points or 0.94% to 5,064.30, its highest closing level since 12 August 2011. The index gyrated between 5,072.90 and 4,942.90 during the day. The BSE Mid-Cap index rose 0.59% and BSE Small-Cap index gained 0.71%. Both these indices underperformed Sensex.
The market breadth was positive. On BSE, 1634 shares gained and 1178 shares declined and a total of 114 shares remained unchanged. Among the 30-share Sensex pack, 19 gained while the rest declined.
FOR TODAY: The dramatic way Nifty bounced back from its low 4942 level, seems that Nifty would not like to go beyond 4900 on the downside with the help of FII inflow. US markets recover a lot yesterday. SGX Nifty also trading at this moment around 5089 (a crucial poiint), up 20.50, recovered from 5030/5032.
WATCH 5089/5117 ON THE UPSIDE ABOVE WHICH TARGET WILL BE 5177 AND 5224 (VERY SHORT TERM). ON THE DOWNSIDE, NOW 5050/5015 WILL ACT AS SUPPORT.
