08 Jan closing

The bechmark Sensex closed marginally lower, after seeing consolidation throughout the session. Profit booking in technology ahead of Infosys' third quarter numbers, telecom, metal, oil & gas exploration and select banking & financial companies' shares put pressure on the markets in the last one hour of trade.

However, buying in capital goods, power, pharma, realty and FMCG stocks helped the benchmark indices since early trade to limit the losses.
The broader indices outperformed the benchmark indices; especially Smallcap Index continued its uptrend for the 11th consecutive day, surged 10.5%. Today, the BSE Midcap Index closed flat while the Smallcap Index was up 0.44% at 8,697.64.
The 30-share BSE Sensex closed at 17,540.29, down 75.43 points or 0.43%, after seeing day's range of 17,508.96-17,658.12. The 50-share NSE Nifty was down 0.35% or 18.35 points, to settle at 5,244.75; it has touched an intraday high of 5,276.75 and low of 5,234.70.
Emerging market guru Mark Mobius, Chairman of Templeton Asset Management, said shares globally should brace for a correction though he said it would be part of the bull market run taking place.
“We are in a secular bull market and you see corrections, which can be to the tune of 15–20% but we shouldn’t be concerned that it represents a bear market,” Mobius said, urging investors to participate in it by buying more if the correction came along.
The markets were seen profit booking in last two days, after four-day run up and closed the first week of the year 2010 as well as new trading timing of 9 am on a positive note but the volumes remained disappoint.
Today's total traded turnover was at Rs 72,424.35 crore. This included Rs 17,638.88 crore from the NSE cash segment, Rs 48,481.59 crore from the NSE F&O and the balance Rs 6,303.88 crore from the BSE cash segment.
Index (%)
IT (-1.98)
TECk (-1.68)
METAL (-0.73)
BANKEX (-0.43)
OIL&GAS (-0.14)
AUTO (-0.07)
MIDCAP (0.02)
FMCG (0.04)
PHARMA (0.38)
SMALLCAP (0.44)
POWER (0.57)
CAP GOODs (0.59)
REALTY (3.23)
Lot Size will be changed from 31st March 2010.
Market regulator SEBI has standardised the lot sizes for stock futures. The revised lot sizes will be effective from March 31, 2010.
The Stock Exchanges will review the lot size once in every 6 months based on the average of the closing price of the underlying for last one month and wherever warranted, revise the lot size by giving an advance notice of atleast 2 weeks to the market. If the revised lot size is higher than the existing one, it will be effective for only new contracts.





Underlying Price      Lotsize
≥1601 125
801 - 1600                250
401 - 800                  500
201 - 400               1,000
101 - 200               2,000
51 - 100                 4,000
25 - 50                   8,000
<25                       In multiple of 1000