13 Feb 2008
4800 is a crucial support for Nifty
One more attempt failed to recover yesterday. Now 4800 is remaining as a critical support for National Index. Below the level, another panic situation may be created. But as the Global cues are positive our market also may perform some recovery. 4950, 4980 are the immediate resistances for Nifty. Market likely to consolidate in 4800-5000 zone for time being.
US indices yesterday recovered except Nasdaq which gave a flat closing. Dow Jones was up by 133 points. Today morning, Nikkei and Hangseng are also trading in green with a gain of 180 points and 250 points respectively.
FIIs continues selling in capital market. Their net selling was for 498 crores and DIIs bought for 351 crores. There was buying support from local funds at lower levels.
Market breadth is remaining negative as 203 shares advance and 971 shares declined on NSE.
A mixed closing for Indian ADRs at NYSE.
11 Feb 2008
8 Feb 2008
7 Feb 2008
6 Feb 2008
5 Feb 2008
4800 is a crucial support for Nifty
One more attempt failed to recover yesterday. Now 4800 is remaining as a critical support for National Index. Below the level, another panic situation may be created. But as the Global cues are positive our market also may perform some recovery. 4950, 4980 are the immediate resistances for Nifty. Market likely to consolidate in 4800-5000 zone for time being.
US indices yesterday recovered except Nasdaq which gave a flat closing. Dow Jones was up by 133 points. Today morning, Nikkei and Hangseng are also trading in green with a gain of 180 points and 250 points respectively.
FIIs continues selling in capital market. Their net selling was for 498 crores and DIIs bought for 351 crores. There was buying support from local funds at lower levels.
Market breadth is remaining negative as 203 shares advance and 971 shares declined on NSE.
Nifty February 2008 futures were at 4783.15, at a discount of 55.10 points as compared to spot closing of 4838.25.
The NSE futures & options (F&O) segment turnover was Rs 36,223.5 crore, which was lower than Rs 41,257.27 crore on Monday, 11 February 2008.
A mixed closing for Indian ADRs at NYSE.
11 Feb 2008
8 Feb 2008
7 Feb 2008
6 Feb 2008
5 Feb 2008