FIIs were net sellers with the tune of ` 468.41 crore whereas DII were net buyers of ` 121.19 crore on Tuesday, the 13th September 2011(prov. fig.)
The BSE Sensex shed 34.30 points or 0.21% to settle at 16,467.44, its lowest closing level since 29 August 2011. The Sensex fell 127.06 points at the day's low of 16,374.68 in mid-afternoon trade. The index rose 264.45 points at the day's high of 16,766.19 in early afternoon trade, its highest level since 9 September 2011. The S&P CNX Nifty lost 5.85 points or 0.12% to settle at 4,940.95, its lowest closing level since 29 August 2011. The Nifty hit a high of 5,030.15 in intraday trade, its highest level since 9 September 2011. The Nifty hit a low of 4,911.05 in intraday trade. The BSE Mid-Cap index rose 0.03% and the BSE Small-Cap index gained 0.01%. Both these indices outperformed the Sensex.
The market breadth was almost even. On BSE, 1,397 shares rose and 1,395 shares fell and a total of 136 shares remained unchanged. The breadth was strong earlier in the day. Among the 30-share Sensex pack, 18 stocks declined and the rest rose.
FOR TODAY: For the last two days, 4911 is acting as a strong support for Nifty. Nifty bounced back from this 4911 level for these two days.
WATCH 4911 AGAIN ON THE DOWN SIDE BREACHING WHICH IT MAY HIT 4893 AND 4875 LEVELS. IN FACT, 4893 AND 4875 ARE MINOR SUPPORTS. IF ANY SELLING PRESSURE SEEN, BULLS WILL BE NOWHERE BUT AROUND 4800 LEVEL. ON THE OTHERSIDE, WATCH 4977/4989/5015 AND 5030 LEVEL THAT MAY BE ACT AS RESISTANCE.
