4 Feb 2011 Closing Market Updates 15:30
Yesterday's rise turned into profit booking.Into addition, Mr.Robert Parker of Credit Suisse briefed that most fund houses have reduced their exposure to emerging equity markets and increased their exposure to developed equity markets this caused to the selling pressure triggered to witness new lows into market.
Sensex tumbled 447.39 points to end just above at 18001.92 and broad based Nifty ended at 5388.95 with a 137.80 points drop.
Now Nifty is about to test its crucial support of 5355. Nifty Feb month future ended with a 6.95 points discount to spot nifty.We consider this as a sign of winding up long positions.
All BSE Sectoral Indices, ended in red. Realty Index was the top loser with 3.69% followed by FMCG Index(-2.81%). Capital Goods,Bankex, Teck,IT,Metal Auto & Oil&Gas indices tumbled more than 2%
In Nifty50 stocks only one stock gained today and ended in positive.Bajaj-Auto gained 0.99% to end at 1221.50 whereas Sunpharma was the top loser by 5.79% decline and ended at 412.
SBIN was the turnover topper by the traded value and M100 was the top traded stock on NSE today.
Advance/Decline ratio was negative by 3.32 : 1 as 1059 stocks declined and 319 stocks gained today on NSE.
Major World Indices :
Hang Seng : +35.61
Nikkei : +36.58
FTSE : +57.63
CAC : +38.18
DAX : +70.66
Dow Futures : +68.23
Nasdaq Futures : +13.19
Sensex tumbled 447.39 points to end just above at 18001.92 and broad based Nifty ended at 5388.95 with a 137.80 points drop.
Now Nifty is about to test its crucial support of 5355. Nifty Feb month future ended with a 6.95 points discount to spot nifty.We consider this as a sign of winding up long positions.
All BSE Sectoral Indices, ended in red. Realty Index was the top loser with 3.69% followed by FMCG Index(-2.81%). Capital Goods,Bankex, Teck,IT,Metal Auto & Oil&Gas indices tumbled more than 2%
In Nifty50 stocks only one stock gained today and ended in positive.Bajaj-Auto gained 0.99% to end at 1221.50 whereas Sunpharma was the top loser by 5.79% decline and ended at 412.
SBIN was the turnover topper by the traded value and M100 was the top traded stock on NSE today.
Advance/Decline ratio was negative by 3.32 : 1 as 1059 stocks declined and 319 stocks gained today on NSE.
Major World Indices :
Hang Seng : +35.61
Nikkei : +36.58
FTSE : +57.63
CAC : +38.18
DAX : +70.66
Dow Futures : +68.23
Nasdaq Futures : +13.19
No comments:
Post a Comment