Friday, May 10, 2013

Nifty at 28 months high.Sensex above 20000 mark and Nifty near 6100 mark.

Better than expected IIP numbers boosted the market to end at 28 month high, after January 2011. Nifty gained 41.85 points and ended at 6092,first time after 4th Jan.2011. Sensex ended at 20073.6 after gaining 134.56 points. In NSE Sectoral Indices, Auto index was the top gainer by 2.16% and Metal index was the top loser by 0.15%.
In Nifty50 stocks, Maruti gained the most by 4.41% and ended at 1733.35 whereas Coalindia was the top loser by 2.9% which ended at 299.9. Unitech was the turnover topper by the quantity traded and SBIN by the value traded on NSE today. Advance / Decline ratio was negative as 468 stocks gained and 481 stocks declined today on NSE.

Live trading session on tomorrow i.e. on 11th May, 2013 from 11:15 to 12:45.

Nifty Fut. immediate support at 6075 / 6030.
Nifty Fut. immediate resistance at 6120 / 6165.

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