The BSE Sensex lost 121.37 points or 0.76% to settle at 15,881.14, its lowest closing level since 12 December 2011. The index declined 147.39 points at the day's low of 15,855.12 in late trade. The index rose 130.90 points at the day's high of 16,133.41 in early afternoon trade, its highest level since 12 December 2011. The S&P CNX Nifty shed 37.35 points or 0.78% to settle at 4,763.25, its lowest closing level since 25 November 2011. The Nifty hit a high of 4,839.55 in intraday trade, its highest level since 12 December 2011. The Nifty hit a low of 4,750.40 in intraday trade. The BSE Mid-Cap index fell 0.95% and the BSE Small-Cap index declined 0.81%. Both these indices underperformed the Sensex.
The market breadth was weak. On BSE, 1,669 shares fell and 1,066 shares rose and a total of 138 shares were unchanged. From the 30-member Sensex pack, 23 stocks fell and the rest of them rose.
The market breadth was weak. On BSE, 1,669 shares fell and 1,066 shares rose and a total of 138 shares were unchanged. From the 30-member Sensex pack, 23 stocks fell and the rest of them rose.
FOR TODAY: WATCH 4690-4700 CAREFULLY. IF BREACHES WITH VOLUME, BETTER TO EXIT FROM ALL LONGS. ON THE UPSIDE, 4800/4811 WILL ACT AS RESISTANCE. TODAY'S TRADING RANGE MAY BE PROBABLY 4700-4820.
DISCLAIMER: Still holding one lot of 4800CE @90 (A mistake?? Got chance to exit @133........)
DISCLAIMER: Still holding one lot of 4800CE @90 (A mistake?? Got chance to exit @133........)
