20 Feb 2008, 8.30 am
5200 is the crucial support for Nifty
As the market could not sustain at higher levels, profit taking was seen on later session of trade on Tuesday. Have a close watch to the 5200 level which is the most important immediate support level for keeping the overall uptrend in the broad market. If 5200 is broken once, there is a gap of 100 more points to the downside in Nifty.
US markets fall as crude oil price hit record high - $100.10 a barrel
In the final hour of trade, US indices closed in red as the crude price hits the record high on an expectation that OPEC will keep production tight. Dow Jones lost 10 points to the end of day closing. Asian markets today are also in a negative sentiment in the line with US cue. Nikkei of Japan lost 106 point sin morning session.
Foreign Institutional Investors were buyers in capital segment on Tuesday. They bought for 329 crores while domestic funds sold for 48 crores.
The market breadth was positive on NSE. 651:521 was the advances:declines ratio.
Nifty February 2008 futures were at 5250.25, at a discount of 30.55 points as compared to spot closing of 5280.80.
The NSE's futures & options (F&O) segment turnover was Rs 36,397.03 crore, which was higher than Rs 32,416.67 crore on Monday, 18 February 2008.
Look back:
19 Feb 2008
18 Feb 2008
15 Feb 2008
14 Feb 2008
13 Feb 2008
12 Feb 2008
5200 is the crucial support for Nifty
As the market could not sustain at higher levels, profit taking was seen on later session of trade on Tuesday. Have a close watch to the 5200 level which is the most important immediate support level for keeping the overall uptrend in the broad market. If 5200 is broken once, there is a gap of 100 more points to the downside in Nifty.
US markets fall as crude oil price hit record high - $100.10 a barrel
In the final hour of trade, US indices closed in red as the crude price hits the record high on an expectation that OPEC will keep production tight. Dow Jones lost 10 points to the end of day closing. Asian markets today are also in a negative sentiment in the line with US cue. Nikkei of Japan lost 106 point sin morning session.
Foreign Institutional Investors were buyers in capital segment on Tuesday. They bought for 329 crores while domestic funds sold for 48 crores.
The market breadth was positive on NSE. 651:521 was the advances:declines ratio.
Nifty February 2008 futures were at 5250.25, at a discount of 30.55 points as compared to spot closing of 5280.80.
The NSE's futures & options (F&O) segment turnover was Rs 36,397.03 crore, which was higher than Rs 32,416.67 crore on Monday, 18 February 2008.
Look back:
19 Feb 2008
18 Feb 2008
15 Feb 2008
14 Feb 2008
13 Feb 2008
12 Feb 2008