Monday, November 21, 2011

Nifty below 4800,Sensex breached 16k mark; USD/INR above 52

21st Nov.2011 Closing Market Updates 17:15

Market closed in negative for the 8th consecutive session. Euro debt crisis and depreciating INR verses US$ were the big concerns for the fall of first day of the week Nifty fell 2.6% to close at 4778.35 whereas Sensex collapsed 425.41 points to settle at 15946.1. Nearest support for Nifty will be at 4660. But we expect before starting new southward journey market will bounce back to resist at 4890/4950/5035/5165.
All BSE Sectoral Indices closed in red.Metal was the top loser by 3.46% followed by Bankex(-3.24%), Realty(-3.04%).
In Nifty50 stocks, Sail was the top loser by 6.57% and ended at 88.1. Maruti was the top gainer by 0.79% and ended at 948. Suzlon was the most active stock on NSE by the traded quantity and SBIN was the turnover topper on NSE by the traded value.
Advance/Decline ratio was negative(3.2 :1) as 1112 stocks closed into negative and 346 stocks closed in positive.

Major Global Indices :


Hang Seng : -265.38
Nikkei : -26.64
FTSE : -110.41
CAC : -78.57
DAX : -147
Dow Futures : -170.00
Nasdaq Futures : -22.00

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