The BSE Sensex lost 138.35 points or 0.86% to settle at 16,037.51, its lowest closing level since 9 January 2012. The index rose 2.72 points at the day's high of 16,178.58 in mid-morning trade. The index fell 213.27 points at the day's low of 15,962.59 in afternoon trade. The S&P CNX Nifty was down 29.70 points or 0.61% to settle at 4,831.25, its lowest closing level since 9 January 2012. The index hit a low of 4,803.90 and a high of 4,869.20 in intraday trade. The BSE Mid-Cap index rose 0.26% and the BSE Small-Cap index gained 0.15%. Both these indices outperformed the Sensex.
The market breadth turned positive from negative in late trade. On BSE, 1,433 shares rose and 1,317 shares fell and a total of 129 shares were unchanged. Earlier, the breadth had tuned negative from positive in afternoon trade. Among the 30-member Sensex pack, 20 rose while the rest declined.
FOR TODAY: NIFTY DROPPED BELOW 4840 LEVEL. NOW WATCH 4820/4800 LEVEL ON THE DOWNSIDE THAT MAY ACT AS SUPPORT WHEREAS BELOW THAT 4770 WILL BE STRONG SUPPORT. ON THE UPSIDE, 4840 AND 4860 WILL ACT AS RESISTANCE. ABOVE THAT 4890/4910 WILL BE STRONG RESISTANCE.
INTRADAY LIVE TRADING CALLS DURING TRADING HOURS FROM VARIOUS BROKING HOUSES : CHECK HERE
INTRADAY LIVE TRADING CALLS DURING TRADING HOURS FROM VARIOUS BROKING HOUSES : CHECK HERE
DISCLAIMER: NO HOLDING
