15 Dec.2011 Closing Market Updates : 16:25
Market opened with negative note because of weak US markets as well as Asian markets. Positive opening in European cues and substantial good figures of advance tax paid by corporates relieved the market in the last session and showed some recovery from its bottom.Nifty recovered almost 78 points.
Nifty dipped and made intraday low of 4673.85 and once again took support just above its recently made low of 4639.1 on 24th Nov.2011. Nifty ended at 4752.05 with 11.2 points down and Sensex ended at 15851.3 down by 29.84 points.
So we can consider 4620-4640 is a good support on closing basis.Any sustain below these levels could test 4540 and also 4000 mark in near term.But all are eyeing on tomorrow's RBI credit policy which will be a true test on inflation,USD/INR relation and growth rate, hopefully tomorrow's RBI credit policy may support the market situations by reducing interest rate by 25 basis points. Lets cross our fingers for next 20 hours.
Among BSE Sectoral Indices, FMCG was the top gainer by 0.61% and Capital goods was the top loser by 1.91%
In Nifty50 stocks, Tatapower gained the most by 4.9% and ended at 91 whereas Ranbaxy was the top loser by 4.44% which ended at 383 today.Suzlon was the turnover topper by the traded quantity and SBIN was the most traded stock by the traded value on NSE today.
Advance/Decline ratio was negative as 1071 stocks declined and 376 stocks gained today on NSE.
Major Global Indices :
Hang Seng : -327.59
Nikkei : -141.76
FTSE : +32.54
CAC : +21.9
DAX : +63.23
Dow Futures : +41.00
Nasdaq Futures : +6.25
Nifty dipped and made intraday low of 4673.85 and once again took support just above its recently made low of 4639.1 on 24th Nov.2011. Nifty ended at 4752.05 with 11.2 points down and Sensex ended at 15851.3 down by 29.84 points.
So we can consider 4620-4640 is a good support on closing basis.Any sustain below these levels could test 4540 and also 4000 mark in near term.But all are eyeing on tomorrow's RBI credit policy which will be a true test on inflation,USD/INR relation and growth rate, hopefully tomorrow's RBI credit policy may support the market situations by reducing interest rate by 25 basis points. Lets cross our fingers for next 20 hours.
Among BSE Sectoral Indices, FMCG was the top gainer by 0.61% and Capital goods was the top loser by 1.91%
In Nifty50 stocks, Tatapower gained the most by 4.9% and ended at 91 whereas Ranbaxy was the top loser by 4.44% which ended at 383 today.Suzlon was the turnover topper by the traded quantity and SBIN was the most traded stock by the traded value on NSE today.
Advance/Decline ratio was negative as 1071 stocks declined and 376 stocks gained today on NSE.
Major Global Indices :
Hang Seng : -327.59
Nikkei : -141.76
FTSE : +32.54
CAC : +21.9
DAX : +63.23
Dow Futures : +41.00
Nasdaq Futures : +6.25
No comments:
Post a Comment