The BSE Sensex shed 96.80 points or 0.61% to settle at 15,873.95, its lowest closing level since 23 December 2011. The index rose 78.37 points at the day's high of 16,049.12 in mid-morning trade, its highest level since 16 December 2011. The index fell 171.12 points at the day's low of 15,799.63 in mid-afternoon trade. The S&P CNX Nifty lost 28.50 points or 0.6% to settle at 4,750.50, its lowest closing level since 23 December 2011. The Nifty hit a high of 4,800.50 in intraday trade, its highest level since 16 December 2011. The index hit a low of 4,723.65 in intraday trade. The BSE Mid-Cap index fell 0.69% and underperformed the Sensex. The BSE Small-Cap index declined 0.35% and outperformed the Sensex.
The market breadth was negative. On BSE, 1,506 shares declined, 1,186 shares advanced and a total of 132 shares were unchanged. The breadth was positive earlier in the day. Among the 30-member Sensex pack, 22 fell while the rest of them rose.
FOR TODAY: Nifty tried its best to move above 4800 but as indicated yesterday, low volume is the only worried point. Lack of retailer participation is also the main reason. However, for today, the view is almost same as yesterday. WATCH 4770 AND THEN 4800 CAREFULLY ABOVE WHICH NIFTY WILL TRY TO HIT 4820/4840 (MINOR RESISTANCE) WHEREAS ON THE DOWNSIDE, BREACHING 4731 NIFTY MAY HIT 4731/4710 LEVEL. THE POSSIBLE RANGE FOR THE DAY IS 4680-4840.
FOR INTRADAY TRADING CALL DURING TRADING HOURS: "CHECK HERE"
FOR INTRADAY TRADING CALL DURING TRADING HOURS: "CHECK HERE"
DISCLAIMER: NO HOLDING.
