23 Nov 2011 Closing Market Updates 16:28
Market ended with a new low after 3rd Nov.2011. Today Nifty made a new low of 4640.95 and closed at 4706.45 after recovering nearly 65 points. The sudden fall after breaking 4730 level initiated due to margin calls in heavyweights. Market witnessed 2.3 trillion turnover today. As mentioned earlier, Nifty took support around 4660, now next support is at 4340 and immediate resistance is at 4850.
In BSE Sectoral indices, Consumer Durables' index closed positively by gaining just 0.49%. Capital Goods index was the major loser by 3.04% followed by Teck(-2.65%), IT(-2.48%), Oil&Gas(-2.41%), Bankex(-2.4%), Power(2.15%) and Metal by 2%.
In Nifty50 stocks just 4 stocks gained today among those, NTPC was the top gainer by 1% and ended at 157 whereas BPCL was the top loser by 5.34%, ended at 494.05.
Unitech was the most active stock by the traded quantity whereas SBI was the turnover topper by the traded value on NSE.
Advance/Decline Ratio was negative by 3.74:1 as 1156 stocks declined and 309 stocks gained today on NSE.
Major World Indices :
Hang Seng : -387.16
Nikkei : -33.53
FTSE : -45.35
CAC : -14.39
DAX : -40.57
Dow Futures : -57.00
Nasdaq futures : -10.00
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