Market Analysis On 11 October
Market Analysis On 11 October
Market Analysis On 11 October
11 October 2012
MARKET WRAP
Sensex fell 0.86% @ 18,631.10 pts; Nifty dropped 0.92 % @ 5,652.15 pts. NASDAQ was down 1.52 %, Dow Jones Industrial Average was down 0.81%. Frances CAC , Germanys DAX & Britains FTSE dropped 0.32 % - 0.43 %. Sensex fell 162.26 pts @18,631.10 while Nifty dropped 52.45 pts @ 5652.15, weighed down by banks, technology, infrastructure and metals stocks. Market dropped due to the wake of downgrade warning by rating agency S&P and profit booking. Weak global economic growth & concerns over ongoing Eurozone crisis also added fuel to the fire.
MARKET PERFORMANCE
NIFTY GAINERS
COMPANY NAME JP Associate HCL Tech. PNB Hero MotoCorp ITC CURRENT 87.40 565.30 797.05 1814.35 281.00 PREV. CLOSE(RS) 85.30 560.75 792.10 1803.40 280.05 CANG.(RS) 2.10 4.55 4.95 10.95 0.95 CHAG.(%) 2.46 0.81 0.62 0.61 0.34
NIFTY LOSERS
COMPANY NAME DLF Siemens IDFC Reliance Infra SBI CURRENT 213.10 683.35 151.30 504.70 2223.55 PREV. CLOSE(RS) 224.20 713.40 156.15 519.25 2282.55 CANG.(RS) -11.10 -30.05 -4.85 -14.55 -59.00 CHAG.(%) -4.95 -4.21 -3.11 -2.80 -2.58
SECTORIAL INDICES
INDEX S&P CNX NIFTY CNX NIFTY JUNIOR CNX IT BANK NIFTY CNX 100 S&P CNX DEFTY S&P CNX 500 CNX MIDCAP NIFTY MIDCAP 50 P.CLOSE 5,704.60 11,204.20 6,274.80 11,446.10 5,596.60 3,754.25 4,523.25 7,935.45 2,271.65 OPEN 5,671.15 11,197.10 6,226.40 11,380.25 5,568.05 3,710.45 4,504.25 7,932.90 2,269.75 HIGH 5,686.50 11,197.10 6,263.65 11,380.25 5,579.05 3,727.85 4,509.80 7,932.90 2,272.90 LOW 5,647.05 LAST 5,652.15 % CHANGE -0.92 -1.10 -0.78 -1.35 -0.95 -1.60 -1.02 -1.52 -1.44
11,271.15 11,291.50 5,539.50 3,689.35 4,474.60 7,803.70 2,234.40 5,543.70 3,694.20 4,477.30 7,814.55 2,238.95
TECHNICAL VIEW
NIFTY DAILY PIVOT
INDICES NIFTY R4 5779 R3 5740 R2 5701 R1 5676 P 5662 S1 5637 S2 5623 S3 5584 S4 5545
OUTLOOK
Trend: - Consolidate Resistance: - 5700 5780 00, Support: -5620, 5 5540 Strategy: - Sell on High
NIFTY DAILY
OUTLOOK
Trend: - Consolidate Resistance: -11450 11600 450, Support: -11250, 11100 Strategy: - Sell on High BANK NIFTY DAILY
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