Thursday, November 17, 2011

17th Nov 2011 Closing Market Updates

17th Nov 2011 Nifty breached 5000 mark 17:50
















Market ended at day's low after selling by FIIs. Major heavyweights like Realince,Ranbaxy,Tatmotors,Maruti,Bhel lost their grounds. Uncertainty in Europe added to the woes. 
With a reference to our blog published on 26th Oct, market resisted at 5400 level and traveled South sided. 
Nifty closed under 5000 mark for the first time after 11th October,2011 which touched almost 5400 on 28th Oct.,2011.
All BSE Sectoral Indices closed into negative. Oil & Gas Index was the major loser by 3.39% followed by Power, Metal and Realty Indices.
Relinfra was the major gainer in Nifty 50 stocks by 1.14% gain and closed at 417.5 whereas JPAssociate was the top loser by 6.43% and ended at 62.6
Advance/Decline ratio was negative(2.71:1) as 1068 stocks declined and 394 gained today on NSE.
Major World Indices :


Hang Seng(Closed) : -143.43
Nikkei(Closed) : +16.47
FTSE : -87.64
CAC : -44.14
DAX : -68.20
Dow Futures : +14.00
Nasdaq Futures : +2.75



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