End Market Session

The market ended the day with marginal gains after trading with steady gain & loss of 100-200 points from its yesterday''s close. The market started the day with modest gains but turned volatile with a short span of time. Since the investors were waiting for the market to take some clues from the Fed policy announcement, the trading was happening on a cautious mood. No big movements were seen during the whole session as selective buying was happening across all the sectors ahead of the Fed meet announcement. After a long interval, BSE CGs index ended with negative figures as most of the player in the capital goods sector witnessed selling pressure on the back of profit booking. Along with CGs, BSE IT, FMCG & Realty also ended in red territory. Atlast, the benchmark index Sensex ended up with marginal gain of 54.48 points at 19,837.99, whereas Nifty also closed with a gain of 31.90 points to close at 5,900.65. Further, BSE Midcap and BSE Smallcap also closed higher with the gain of 87.14 points and 152.42 points at 8,135.21 & 9,796.86 respectively. The market breadth stood negative with 1402 stocks on the advancing side and 1346 stocks on the decline side.

BSE Metal closed in green with the highest gain of 582.71 points to close at 17,884.93. Scrips supported are, Jindal Steel, with the highest gain of (25.64%), Jindal Saw (11.99%), & Hindustan Zinc (4.38%).

BSE Oil & Gas stood at the second position with the gain of 132.18 points at 11,658.48. Scrips surged the index are RPL by (5.46%), Cairn India (3.80%), IOC (3.09%), and ONGC (2.32%).

BSE Bankex also gained 105.24 points to close at 10,655.33. Scrips gained are Bank Of Baroda (4.90%), PNB (2.91%), Canara Bank (2.54%), & HDFC Bank (2.15%).

BSE Capital goods stood as the top loser of the day with a loss of 211.25 points at 19,795.32. Dragged it down are Kalpataru Power down by (4.48%), Carbo Unilever (2.96%), Greaves Cotton (2.68%), Alfa Laval (2.78%) and Havell India (2.48%).

Mid Market Session

The market looks firm after some volatility in the morning. The investors are however little cautious ahead of the Federal Bank''s decision today. The selling pressure dominated the market yesterday after the CRR hike by RBI. However little stability could be seen now as the fund houses have shown fresh buying across the blue chip stocks. The Mid cap is higher by 138.97 points at 8,187.04 and small cap gains by 183.85 points to 9,828.29.

The overall market breadth looks positive as 1573 stocks are advancing while 1046 stocks are declining on BSE.

At 12.33 pm, BSE Sensex is up by 175.33 points at 19,958.84, while Nifty gains 80.6 points at 5949.35.

In NSE the leading stocks are Sterlite, Unitech and Reliance Energy with a gain of 5.58%, 5.35% and 5.2% at Rs. 1078, Rs. 394 and Rs. 1881 respectively.

BSE Metal index is gaining by a striking 518.21 points at 17,820.43. Sterlite, Sesa Goa and Jindal Steel are moving up by 6.67%, 5.15% and 4.67% at Rs. 1,089.50, Rs. 3,820 and Rs. 9,900.95 respectively. This sector has shown good quarterly numbers and the important fact is the rising metal prices across the globe because of huge industrial demand.

BSE Realty is soaring up by 224.65 points at 10,741.64. Unitech Ltd recorded a phenomenal quarterly result with a growth of 38% in net profit at Rs. 138cr from Rs. 100cr in the corresponding period of the previous year. The company also plans to sell 20cr shares of Rs2 face value to raise $1.9 billion, as it is optimistic about a huge growth prospect of real estate business in India. At present, Unitech is gaining by 3.54% at Rs. 387.65.

BSE Bankex is moving ahead by 157.43 points at 10,707.52. The selling pressure on the banking stocks yesterday because of the CRR hike by RBI is now easing off as we can see some fresh buying now. Bank of India, Canara Bank and SBI are gaining by 3.31%, 3.27% and 2.65% at Rs. 337.15, Rs. 295.05 and Rs. 2,116.90 respectively.

Pre Market Session

Indian market is likely to have a flat opening for the day with marginal losses, as most of the market participants are unhappy with RBI''s policy review. Further the global markets are also weak. On Tuesday, the benchmark index Sensex ended up with a loss of 194.16 points to close at 19,783.51, whereas Nifty also closed with a loss of 37.15 points to close at 5,868.75. We expect that the market may trade with volatility. Further, stock specific buying can be seen & profit booking is expected at the later stages.

On Tuesday, the US markets ended marginally low as the Dow Jones Industrial Average (DJIA) ended with a loss of 77.79 points to close at 13,792.47. Further the NASDAQ Composite & S&P 500 (SPX) index also ended down by 0.73 points & 9.96 points at 2,816.71 & 1,531.02 respectively.

Indian ADRs also ended in loss. In telecommunication sector, VSNL & MTNL plunged by (5.72%) & (3.87%) respectively. In Pharma sector, Dr. Redddy''s Lab is down by (1.60%). In Banking sector ICICI bank & HDFC bank fell (3.56%) & (1.47%). Further in Technology sector, Patni Computers decreased by (1.19%), along with Wipro (0.75%) & Infosys (0.75%).

The major stock markets in Asia are trading weak. Hang Seng is trading with a loss of 291.19 points at 31,347.03. Along with this, Japan''s Nikkei is trading lower by 21.16 points to trade at 16,629.85. Singapore''s Straits Times index is also trading down by 9.46 points at 3,788.99 and Seoul Composite lost 5.37 points to trade at 2,047.

Yesterday, the FIIs stood as the net buyers as the gross equity purchased was Rs.4782.80 (in crores), and the gross debt purchased was Rs.16.80 (in crores) as against the gross equity sold was Rs.3735.40 (in crores) and the gross debt sold was Rs.7.90 (in crores). The net investment of equity was Rs.1047.40 (in crores) and the net debt investment was Rs.8.90 (in crores).

Today, Nifty has support at 5,730 and resistance at 5,928 and BSE Sensex has support at 19,570 and resistance at 19,900.

End Market Session

The market started the day on a strong note but within a span of time, it gave up it gains and started trading with little volatility & cautious approach ahead of the RBI''s review policy. Further in the noon session, the RBI came out with its policy, which stated that the CRR is hiked by 50 bps to 7.5% from 7.0% and the other key rates including the repo and reverse repo rates are remained unchanged. The market continued trading flat with a bit of volatility but no turbulence. It remained unaffected by the new credit policy, as the credit policy is largely inline with street expectations. Finally in the last few minutes, the market ran under heavy selling & the benchmark index Sensex ended up with a loss of 194.16 points to close at 19,783.51, whereas Nifty also closed with a loss of 37.15 points to close at 5,868.75. All the indices ended in red territory except Capital Goods, Metal & Realty. Further, BSE Midcap and BSE Smallcap also closed lower with a loss of 34.47 points and 60.76 points at 8,048.07 & 9,644.44 respectively. The market breadth stood as negative with over 1087 stocks on the advancing side and over 1666 stocks on the decline side.

BSE Capital goods closed with the marginal gain of 158.91 points at 20,006.57. Fueled it up are ABB Ltd with the gain of (5.70%), Jyoti Structures (3.09%), Seimens (2.59%), AIA Engineering (2.51%), and BHEL (1.63%).

BSE Metal also managed to close in green with a gain of 112.48 points to close at 17,302.22. Scrips supported are, Sterlite (6.63%), Jindal Steel (6.47%), & Sesa Goa (2.06%).

BSE Realty stood at the third position as a gainer surged 241.98 points to close at 10,516.99. Scrips gained are DLF Ltd (5.78%), Anant Raj (5.21%), Ansal Infra (2.57%), & Unitech Ltd (1.50%).

BSE Auto stood as the top loser for the day closed lower by 176.54 points at 5,479.89. Scrips dragged the index down are Maruti Suzuki down by (8.46%), Mah & Mah (7.00%), Tata Motors (4.93%), and Punjab Tractors (3.65%).

Mid Market Session

The market is trading on cautious note, as RBI has increased the CRR by 50bps at 7.5% and left the repo and reverse repo unchanged. The morning trading session started with instant pick up but it took no time to settle down with the cautious feeling of the investors. The banking and auto sector is likely to feel the heat of the hike making the cost of funds costlier. The Mid cap is lower by 2.21 points at 8,080.33 and small cap fell by 10.89 points to 9,694.31.

The overall market breadth looks negative as 1123 stocks are advancing while 1475 stocks are declining on BSE.

At 12.30 pm, BSE Sensex is up by 48.45 points at 19,929.22, while Nifty was high by 17.15 points at 5923.05.

BSE Metal index is gaining by a striking 328.29 points at 17,518.03. Sterlite, Tata Steel and Jindal Steel are moving up by 7.53%, 1.23% and 2.59% at Rs. 1,030, Rs. 912 and Rs. 9,115 respectively. The prices of Nickel, Tin, Copper and Zinc have been rising in LME (London Metal Exchange) and NYME (New York Mercantile Exchange) because of phenomenal demand from industrial users.

BSE CG is gaining by 231 points at 20,078.66. This sector is driven by fundamental strength and one would find it very difficult to gauge the pricing of stocks. But the sector has a very bright future with a strong order book and congenial macro economic environment. L&T and BHEL are gaining by 1.46% at Rs. 4,340.05 and 3.0% at Rs. 2,690.35 respectively.

BSE Auto has lost 116.80 points at 5,539.63. MRF and Hindustan Motors are gaining 10% and 3.24% at Rs. 7,423.50 and Rs. 33.45 respectively. Maruti Suzuki is planning to invest $1.75 billion on R&D and marketing. The company during Q2FY08 recorded a healthy rise of 26.95% in net profit at Rs. 466.5cr over Rs. 367.44cr in the corresponding period of the previous year.

Pre Market Session

Indian market is likely to have a flat opening for the day with marginal gains, as the investors will be in a wait and watch mood for the RBI''s policy review. On Monday, the benchmark index Sensex ended with a gain of 734.50 points at 19,977.67 after touching the all time high of 20,024.87, whereas Nifty also closed with a good gain of 203.6 points to close at 5905.90. We expect that the market may trade a little cautious ahead of the RBI''s policy review. Further profit booking can be seen in the later stages on yesterday''s purchase.

On Monday, the US markets ended marginally up as the Dow Jones Industrial Average (DJIA) ended with a gain of 63.56 points to close at 13,870.26. Further the NASDAQ Composite & S&P 500 (SPX) index also ended up by 13.25 points & 5.70 points at 2,817.44 & 1,540.98 respectively.

Indian ADRs also ended in green. In telecommunication sector, VSNL & MTNL surged (5.02%) & (2.96%) respectively. In Metal sector, Sterlite Industries is up by (4.26%). In Banking sector ICICI bank & HDFC bank grew (6.53%) & (5.20%). Further in Technology sector, Patni Computers increased by (0.09%), along with Wipro (1.39%) & Infosys (3.51%).

The major stock markets in Asia are trading mixed. Hang Seng is trading with a gain of 114.36 points at 31,701.26. On the other hand, Japan''s Nikkei is trading lower by 117.44 points to trade at 16,580.64. Singapore''s Straits Times index is also trading down by 13.78 points at 3,806 and Seoul Composite lost 9.47 points to trade at 2,053.45.

On Monday, the FIIs stood as the net sellers as the gross equity purchased was Rs.4077.90 (in crores), and the gross debt purchased was Rs.25.30 (in crores) as against the gross equity sold was Rs.4334.70 (in crores) and the gross debt sold was Rs.153.10 (in crores). The net investment of equity was Rs.-256.80 (in crores) and the net debt investment was Rs.-127.80 (in crores).

Today, Nifty has support at 5,810 and resistance at 5,990 and BSE Sensex has support at 19,799 and resistance at 20,185.

End Market Session

After climbing one more step (1000 points) of the growth path, the benchmark index BSE Sensex touched a new milestone of 20k points for the first time and finally ended on a firm note. It seems that the Indian bulls are very confident for all the news to come in their way right from the quarterly results to the RBI''s review of the monetary policy. It just took 10 trading sessions for the Sensex to move from 19000 to 20000 levels. Top 6 stocks contributed to 90% to the 1000 point rally from 19,000 to 20,000. L&T and ICICI Bank were the top contributors with 50% contribution of last 1000 points rally. Further the large caps like L&T, BHEL, RPL, Siemens, HDFC, HDFC Bank were among the star performers in today''s rally. The benchmark index Sensex ended with a gain of 734.50 points at 19,977.67 after touching the all time high of 20,024.87, whereas Nifty also closed with a good gain of 203.6 points to close at 5905.90 after touching the all time high of 5,922.50. Further, BSE Midcap and BSE Smallcap also closed higher with a gain of 161.88 points and 154.25 points at 8,082.54 & 9,705.20 respectively.

BSE Capital goods stood as the start performer of the day as it closed with the highest gain of 1307.51 points at 19,847.66. Fueled it up are Siemens with the highest gain of (12.17%), L&T (10.33%), BHEL (7.42%), Areva (7.24%), and Punj Lloyd (6.71%).

Keeping the others behind, BSE Oil & Gas stood at the second position with the gain of 556.19 points to close at 111,659.65. Scrips gained are Reliance Petroleum (9.80%), Reliance (5.03%), ONGC (7.15%), & GAIL India (2.09%).

BSE Metal also shared the gaining rally with a gain of 445.18 points to close at 17,189.74. Scrips supported are, Jindal Saw (19.99%), Jindal Steel (5.99%), Maharashtra Sea (5.91%), & Sesa Goa (4.62%).

BSE Bankex also followed the gaining rally to closed higher by 376.18 points at 10,649.71. Scrips surged are HBFC Bank (5.99%), ICICI Bank (5.48%), Yes Bank (4.54%), PNB (2.88%).

Mid Market Session

The market has once again proved its firmness as the BSE Sensex sets a new landmark at 19,984.18. The rally across broader market is observed as fresh buying is in momentum. At one end the P-note issue seems to be solved by SEBI allowing the sub accounts to register as FIIs. The stability in the market is also backed by the strong fundamental growth in sectors like capital goods and metal. Well if the momentum goes on then the 20K mark in not too far. The Mid cap is higher by 147.12 points at 8,067.78 and small cap advanced by 184.58 points to 9,735.53.

The overall market breadth looks firm as 1675 stocks are advancing while 967 stocks are declining on BSE.

At 12.40pm, BSE Sensex is up by 713.91 points at 19,957.08, while Nifty was high by 204.2 points at 5906.50.

BSE CG is leading ahead by 1,281.87 points at 19,822.02. Companies like BHEL, L&T and Thermax have come up with phenomenal quarterly results. This proves the strong growth prospect of these companies and the industry as a whole. L&T has recorded a remarkable growth of 73% in net profit at Rs. 348cr in Q2FY08 as against Rs. 201.22cr in Q2FY07. The company has embarked to build two mega integrated and commercial ports with an investment of Rs. 3,500cr. L&T and BHEL are gaining by 10.40% at Rs. 4,279 and 8.77% at Rs. 2,645 respectively.

BSE Metal index is gaining by a striking 557.46 points at 17,302.02. The good quarterly numbers from a majority of the metal companies have kept the buying interest firm. Jindal Steel and National Aluminum Corporation are moving up by 7.13% and 5.72% at Rs. 8,980 and Rs. 329.95 respectively.

BSE Bankex has gained 323.06 points at 10,596.59. HDFC bank is still gaining by 6.40% at Rs.1,645. ICICI bank, Yes Bank and Punjab National Bank are up by gains of 4.69% at Rs. 1,240, 3.51% at Rs. 221 and 3.04% at Rs. 540 respectively. The investors are optimistic about good news coming from the RBI''s monetary review on 30th October.

Pre Market Sessoin

Indian market is likely to have a positive start for the day, as the issue pertaining to the P-Notes has almost faded. Further the global markets are also giving supportive cues. On Friday, the benchmark index Sensex ended with a gain of 472.28 points at 19,243.17 after touching the all time high of 19276.45, whereas Nifty also closed with a gain of 133.35 points to close at 5702.30. We expect that the market may trade a little cautious ahead of the RBI''s monetary policy on 30th Oct.

On Friday, the US markets ended in green territory as the Dow Jones Industrial Average (DJIA) ended up by 134.78 points to close at 13,806.70. Further the NASDAQ Composite & S&P 500 (SPX) index also closed higher by 53.33 points & 20.88 points at 2,804.19 & 1,535.28 respectively.

Indian ADRs also ended positive. In telecommunication sector, VSNL & MTNL surged (8.70%) & (1.74%) respectively. In Metal sector, Sterlite Industries is up by (7.44%). In Banking sector ICICI bank & HDFC bank grew (11.01%) & (10.18%). Further in Technology sector, Satyam increased by (6.65%) along with Patni Computers by (4.18%), Wipro (3.19%) & Infosys (1.32%).

The major stock markets in Asia are trading strong. Hang Seng is trading with the record high gain of 1424.38 points at 31,278.87. Along with this, Japan''s Nikkei is trading higher by 195.16 points to trade at 16,700.79. Singapore''s Straits Times index is also trading positive by 24.94 points at 3,796.49 and Seoul Composite is up by 31.13 points to trade at 2,059.19.

On 26th October, the FIIs stood as the net buyers as the gross equity purchased was Rs.7678.50 (in crores), and the gross debt purchased was Rs.106.10 (in crores) as against the gross equity sold was Rs.7465.50 (in crores) and the gross debt sold was Rs.0.00 (in crores). The net investment of equity was Rs.213 (in crores) and the net debt investment was Rs.106.10 (in crores).

Today, Nifty has support at 5,608 and resistance at 5,805 and BSE Sensex has support at 19,100 and resistance at 19,403.

End Market Session

Taking positive sentiments of the investors along with good quarterly numbers of the heavyweight companies, the market ended on a cheerful note after having a bullish trading session. However in the early session, the market was seems to be little bit tensed as the SEBI''s decision pertaining to the P-Notes was not in much favor of the market participants. But whatever decision SEBI gave, the market took it well and within some time it grabbed the momentum and took a drastic turn. Heavy buying was seen in Capital goods, Metals, Banking, Oil & Gas and Realty stocks as the major players from these sectors came out with impressive quarterly numbers. All the key BSE indices ended in green. On the macroeconomic front, inflation rate stood at 3.07% same as the previous week. Further, BSE Midcap and BSE Smallcap also closed with good gain of 169.73 points and 183.87 points at 7,920.66 & 9,550.95 respectively.

BSE Capital goods stood as the start performer of the day as it closed with the highest gain of 1226.02 points at 18,540.15. Fueled it up are Lakshmi Machinery Works with the highest gain of (14.98%), L&T (12.16%), BEML (7.48%), Crompton Greaves (7.44%), and Havell India (6.81%).

Keeping behind the others, BSE Bankex stood at the second position with the gain of 349.42 points to close at 10,273.53. Scrips surged are SBI (7.17%), Axis Bank (5.77%), Kotak Bank (5.45%), Andhra bank (4.85%), and Bank of India (4.40%).

The PSU index also shared the gaining rally with the gain of 348.87 points to close at 9,227.41. Took it up are Dredg Corp (17.73%), HMT Ltd (15.76%), Container Corp (11.85%) and Balmer Lawri (8.28%).

BSE Metal also followed the gaining rally to closed higher by 320.04 points at 16,744.56. Scrips supported are, Jindal Steel (5.72%), NALCO (5.23%), SAIL (4.80%), Bhushan Steel (4.65%).

BSE Oil & Gas also ended in green with a gain of 302.64 points at 11,103.46. Scrips gained are Reliance Petroleum (5.56%), ONGC (3.77%), Essar Oil (3.17%), GAIL India (2.91%).

Mid Market Session

The BSE Sensex surprised the investors today after it made a new landmark of 19249.26, its life time high. The market looks highly volatile in the morning but now stays firm with a positive gain. The market looks very unpredictable, as it has broken the shackles of dependency in foreign markets. The investors should be al little cautious in terms of fresh buying at this stage. Mid cap is higher by 159.78 points at 7,910.71 and small cap advanced by 183 points to 9,550.08.

The overall market breadth looks positive as 1809 stocks are advancing while 789 stocks are declining on BSE.

At 12.30pm, BSE Sensex is up by 398.84 points at 19,169.73 while Nifty was high by 118.6 points at 5688.85.

BSE CG is leading ahead by 747.84 points at 18,061.97. Baharat Earth Movers, L&T, Cropmton Greaves, and Suzlon are gaining by 7.01% at Rs. 1,605, 7.05% at Rs. 3,700, 3.07% at Rs. 403.05 and 3.69% at Rs. 1,981.30 respectively. The sector has witnessed heavy buying by Mutual Fund houses and retail investors.

BSE Metal index is gaining by a striking 547.92 points to trade at 16,972.44. Tata Steel gained by 3.35% at Rs. 1,022. Sterlite, Jindal Steel and SAIL are also moving high by 5.47%, 5.59% and at Rs. 974, Rs. 8,372 and Rs. 256.15 respectively. The surging prices of steel and base metal prices in London Metal Exchange have propelled the prices of Metal stocks. This industry has a huge potential in terms of catering the increasing world demand for metal.

Pre Market Session

Indian market is likely to have a flat opening for the day, as the market participants are not much happy with the SEBI''s decision on P-Notes. Further the global markets are also giving mixed cues. On Thursday, the benchmark index Sensex ended higher with a gain of 257.98 points to close at 18,770.89, whereas Nifty also closed in green by 72.80 points to close at 5496.15. We expect that the market may trade little volatile with negative bias.

On Thursday, the US markets ended with marginal losses as the Dow Jones Industrial Average (DJIA) closed down by 3.33 points to close at 13,671.92. Further the NASDAQ Composite & S&P 500 (SPX) index also dropped by 23.90 points & 1.48 points to close at 2,750.86 & 1,514.40 respectively.

Indian ADRs also traded mixed. In telecommunication sector, VSNL surged (3.14%), whereas MTNL is down by (2.95%). However, in metal sector, Sterlite Industries is up by (1.83%). Banking sector also ended in red as the ICICI bank & HDFC bank lost (0.29%) & (2.83%). Further technology sector ended mixed. Satyam decreased by (4.15%) along with Patni Computers by (2.90%), whereas Wipro & Infosys surged (1.25%) and (0.29%).

The major stock markets in Asia are trading higher. Hang Seng is trading with the gain of 188.29 points at 30,042.78. Along with this, Japan''s Nikkei is trading higher by 99.71 points to trade at 16,383.88. Singapore''s Straits Times index is also trading positive by 32.14 points at 3,739.28 and Seoul Composite is up by 25.43 points to trade at 2,002.18.

Yesterday, the FIIs performed mixed activity as the gross equity purchased was Rs.6358.50 (in crores), and the gross debt purchased was Rs.10 (in crores) as against the gross equity sold was Rs.4497.40 (in crores) and the gross debt sold was Rs.109.80 (in crores). The net investment of equity was Rs.1861.10 (in crores) and the net debt investment was Rs.-99.80 (in crores).

Today, Nifty has support at 5,399 and resistance at 5,551 and BSE Sensex has support at 18,565 and resistance at 18,870.

End Market Session

After a flat opening in the morning, the market had a smooth & healthy trading session through out the day. Heavy buying was happening during the whole session due to the wait and watch mood of the investors for the SEBI''s decision on participatory notes. Further the yesterday''s news that SEBI may allow investors that not regulated in their home countries, to register as foreign institutional investors if they disclose the nature of their funds and investments, kept the investor''s sentiment positive about today''s outcome of the meeting. Atlast, the benchmark index Sensex ended higher with the healthy gain of 257.98 points to close at 18,770.89, whereas Nifty also closed with a gain of 72.80 points to close at 5496.15. Further, BSE Midcap and BSE Smallcap also closed with good gain of 100.24 points and 124.70 points at 7,750.93 & 9,367.08 respectively.

BSE Metal stood as the start performer of the day as it closed with the highest gain of 651.58 points at 16,424.52. Scrips supported are, Tata Steel (8.03%), Jindal Steel (5.92%), Sterlite (4.96%), NALCO (4.95%), and Bhushan Steel by (3.12%).

Keeping behind the others, BSE Bankex stood at the second position with the gain of 258.44 points to close at 9,924.11. Scrips surged are ICICI Bank (4.44%), Bank of Baroda (4.03%), Canara Bank (3.07%), PNB (2.45%).

BSE Capital goods also followed the gaining rally to closed higher by 201.81 points at 17,314.13. Fueled it up are Areva with the highest gain of (11.03%), BEL (6.09%), Punj Lloyd (5.66%), Kirloskar Brothers (4.75%).

The PSU index also surged by 101.92 points to close at 8,878.54. Took it up are Chennai Petroleum (5.64%), Neyveli Light (4.98%), J&K Bank (3.88%).

Maytas Infra Ltd IPO, which debuted today on the BSE at a premium of 40.3% to the issue price of Rs.370, reached to the highest of Rs.637.70 and a lowest of Rs.480 during the session. Finally it ended its trading at Rs.614.30, up by Rs.244.30 from its issue price.

Mid Market Session

The BSE Sensex is trapped in high volatility, as investors remain cautious ahead of the outcome from SEBI''s meeting. The fundamental growth factor of companies seems to be least influencing the market as investors are capitalizing on the future prospects of the company rather than just quarterly results. Investors should be a little more cautious at this juncture. Mid cap is higher by 121.16 points at 7,771.85 and small cap advanced by 145.99 points to 9,388.37.

The overall market breadth looks positive as 1671 stocks are advancing while 887 stocks are declining on BSE.

At 12.30pm, BSE Sensex is up by 154.34points at 18,667.25 while Nifty was low by 29.4 points at 5,525.55.

BSE Metal index is gaining by a striking 738.32 points to trade at 16,511.26. Tata Steel gained by 5.25% at Rs. 963.50. Tata Steel is looking for a new investment proposal in Brazil. This time it is looking forward to built a plant rather than acquiring. Sterlite and SAIL are also moving high by 3.66% and 2.20% at Rs. 912 and Rs. 248.80 respectively.

BSE CD remains firm since morning with a gain of points 107.93 at 5,232.60. Blue star is moving phenomenal with a gain of 6.86% at Rs. 387 followed by Gitanjali and Titan with their respective gains of 2.95% and 1.46% at Rs. 383 and Rs. 1682.

BSE Bankex has spurred after a sluggish move in the morning with a gain of 116.53 points at 9,782.20. Punjab National Bank and SBI are still maintaining their growth with gains of 3.25% at Rs. 527.50 and 1.67% at Rs. 1,939.90. ICICI Bank has recoiled from the early loss in the morning and now it has gained 2.49% at Rs. 1,125.

BSE CG is back with a gain of 200 .55 points at 17,312.87. Cropmton Greaves , Bhel and Thermax are gaining by 3.71% at Rs. 391, 1.05% at Rs. 2,297.90 and 4.55% at Rs. 892 respectively. Despite a remarkable result by Suzlon Energy, the market didn''t respond that surprisingly as the scrip is low by 0.78% at Rs. 1,893.80.

Pre Market Session

Indian market is likely to have a positive start for the day with marginal gains, as the market participants are a bit cautious & awaiting for the SEBI''s final word upon the proposals on the Participatory Notes. On Wednesday, the benchmark index Sensex ended with the marginal gain of 20.07 points to close at 18,512.91, whereas Nifty closed a bit higher with a gain of 22.45 points to close at 5496.15. We expect that the market may trade cautiously with a wait and watch mood on the SEBIs announcement.

On Wednesday, the US markets ended with marginal losses as the Dow Jones Industrial Average (DJIA) closed down by 0.98 points to close at 13,675.25. Further the NASDAQ Composite & S&P 500 (SPX) index also dropped by 24.50 points & 3.71 points to close at 2,774.76 & 1,515.88 respectively.

Indian ADRs also traded mixed. In telecommunication sector, VSNL & MTNL surged (1.03%) & (2.49%) respectively. Banking sector also ended mixed as the ICICI bank lost (2.47%) & HDFC bank gained (0.40%). In technology sector Satyam decreased by (3.44%) along with Wipro by (3.86%), Patni Computers by (1.62%) and Infosys by (4.06%).

The major stock markets in Asia are trading firm. Hang Seng is trading with the gain of 406.48 points at 29,740.01. Along with this, Japan''s Nikkei is trading higher by 34.75 points to trade at 16,393.14. Singapore''s Straits Times index is also trading positive by 25.28 points at 3,674.40 and Seoul Composite is up by 21.92 points to trade at 1,955.28.

Yesterday, the FIIs stood as the net buyers as the gross equity purchased was Rs.6315.70 (in crores), and the gross debt purchased was Rs.110.50 (in crores) as against the gross equity sold was Rs.5538.70 (in crores) and the gross debt sold was Rs.48.40 (in crores). The net investment of equity was Rs.777.00 (in crores) and the net debt investment was Rs.62.0 (in crores).

Today, Nifty has support at 5,390 and resistance at 5,626 and BSE Sensex has support at 18,312 and resistance at 18,754.

Post Market Session

The market ended the day on a flat note after exhibiting high volatility in the post session trading. Healthy quarterly numbers and good news from most of the companies have generated renewed buying interest across most of the key pivotals, which kept the market trading higher in the morning session. However, profit booking was witnessed during the mid session, caused a fall of more than 100 points in the benchmark index. Finally market relaxed a bit on the news that India''s stock market regulator, SEBI may allow investors not regulated in their home countries to register as foreign institutional investors if they disclose the nature of their funds and investments. Atlast, the benchmark index Sensex ended with the marginal gain of 20.07 points to close at 18,512.91, whereas Nifty closed a bit higher with a gain of 22.45 points to close at 5496.15. Further, BSE Midcap and BSE Smallcap also closed with the gains of 94.45 points and 106.66 points at 7,650.69 & 9,242.38 respectively.

BSE Metal closed with the highest gain of 380.65 points at 15,772.94. Pushed it up are JSW Steel (9.18%), Sesa Goa (5.42%), Jindal Saw (3.48%).

BSE Capital goods also followed the gaining rally to closed higher by 335.14 points at 17,112.32. Fueled it up are Suzlon Energy, with the highest gain of (9.63%), Thermax Ltd (5.81%), Areva (5.06%), Lakshmi Machinery (3.25%).

The Realty index also surged by 192.50 points to close at 9760.53. Took it up are Indiabulls Realty (13.23%), Anant Raj (5.85%), Mahindra Ges (5.29%), and Akruti Nirman (4.26%).

Along with these, BSE Bankex also closed with gain of 102.56 points at 9665.67. Scrips surged are SBI (5.25%), Canara Bank (3.49%), Union Bank (3.38%), Yes Bank (2.48%), and HDFC Bank (2.20%).

BSE IT, BSE Auto and BSE Oil & Gas remained under pressure with the loss of 54.65 points, 48.33 points and 3.61 points to close at 4,580.23, 5404.26 and 10736.91 respectively.

Mid Market Session

The BSE Sensex amid huge volatility. The investors are still concerned about the SEBI policy on P-Notes. The SEBI is coming up with a policy on 25th October to curb the participatory notes and hence induce the foreign investors to get registered with SEBI. However in another move SEBI has given a green signal for investors non-regulated in their home countries to register as FIIs, if they disclose the nature of funds and investments. Mid cap is higher by 57.02 points at 7,613.26 and small cap advanced by 73.63 points to 9,209.35.

The overall market breadth looks fragile as 1398 stocks are advancing while 1153 stocks are declining on BSE.

At 12.37pm, BSE Sensex was up by 4.73 points at 18,497.57 while Nifty was low by 15 points at 5,468.30.

BSE Metal index gained by 313.17points to trade at 15,705.46. The expected rise in the prices of Iron Ore by 25% on 1st April 2008 on the back of huge Chinese demand has propelled the stocks of Sesa Goa Ltd, and SAIL by 4.61% at Rs3,240 and 2.33% at Rs 242.05 respectively.

BSE Realty has remained firm since morning with a gain of 254.66 points at 9,822.69. Indiabulls Real Estate is leading with a gain of 12.98% at Rs 631.75 followed by Akruti Nirman at Rs 998.50 with a gain of 5.58%. The sector had also paid the advance tax in good numbers which shows a sign of healthy growth in profitability. Unitech, DLF, the Raheja group, Ambuja Cements and the Mangalam group were the top tax payers in this sector.

BSE Auto has faced a fierce hit as it lost 59.42 points at 5,393.17. Facing the plight of stagnant demand during the season this sector has paid the lowest advance tax to the government as it also depicts the bottom margin pressures. Hero Honda slipped by 4.18% at Rs730 and Bajaj auto also dipped by 1.14% at Rs 2,495. Hero Honda has also reduced the prices of its bikes.

Pre Market Session

Indian market is likely to have a positive opening for the day, as the fear related to the P-Note has decreased. Further SEBI is also harping more on the registration issue of sub account for FIIs. On Tuesday, the benchmark index Sensex registered its biggest intraday gain of 878.85 points to close at 18492.84, whereas Nifty has also made a remarkable recovery of 289.70 points to close at 5473.70. We expect that the market may trade with a relaxed mood and profit booking can be seen on yesterday''s purchase.

On Tuesday, the US markets ended in green territory as the Dow Jones Industrial Average (DJIA) closed up by 109.26 points to close at 13,676.23. Further the NASDAQ Composite & S&P 500 (SPX) index also gained 45.33 points & 13.26 points to close at 2,799.26 & 1,519.59 respectively.

Indian ADRs also performed well. In telecommunication sector, VSNL & MTNL surged (7.23%) & (4.52%) respectively. In metal sector, Sterlite Industries grew by (7.30%). In banking sector ICICI bank & HDFC bank gained (6.72%) and (7.73%) respectively. In Technology sector, Satyam increased by (12.05%) along with Wipro by (3.74%) and Infosys by (1.69%).

The major stock markets in Asia are trading firm. Hang Seng is trading with the gain of 480.63 points at 29,857.49. Along with this, Japan''s Nikkei is trading higher by 128.01 points to trade at 16,578.59. Singapore''s Straits Times index is also trading firm by 29.96 points at 3,3725.26 and Seoul Composite is up by 45.34 points to trade at 1993.32.

Yesterday, the FIIs performed mixed activity as the gross equity purchased was Rs.5580.90 (in crores), and the gross debt purchased was Rs.93.20 (in crores) as against the gross equity sold was Rs.6791.20 (in crores) and the gross debt sold was Rs.72.50 (in crores). The net investment of equity was Rs.-1210.30 (in crores) and the net debt investment was Rs.20.70 (in crores).

Today, Nifty has support at 5,403 and resistance at 5,575 and BSE Sensex has support at 18,382 and resistance at 18,716.

Post Market Session

After a strong opening for the day, the market kept on climbing new peaks during the session as heavy buying was happening across all the index pivotals. Capital goods, power, energy, realty and metal stocks surged heavily during the day. The market breadth was very good as out of 2798 shares, 2089 advanced, 658 declined and 51 remained unchanged. The surge also came on the back of market regulator SEBI allaying concerns of overseas investors, assuring them the process of registration, as FIIs will be expedited. The benchmark index Sensex has registered its biggest intraday gain of 878.85 points to close at 18492.84, whereas Nifty has also made a remarkable recovery of 289.70 points to close at 5473.70. Further, BSE Midcap and BSE Smallcap also closed with higher gains of 292.83 points and 284.25 points at 7556.24 & 9135.72 respectively.

BSE Capital goods closed with the highest gain of 1208.42 points at 16,777.18. Fueling it up are Punj Lloyd, with the highest gain of (13.08%), BHEL (11.54%), Crompton Greaves (10.29%), Suzlon Energy (9.84%), AIA Engineering (8.50%).

BSE Metal also followed the gaining rally to closed higher by 959.57 points at 15.392.29. Pushing it up are Jindal Steel (12.81%), Sesa Goa (10.93%), SAIL (10.90%), Welspun Gujarat (10.06%) and Maharashtra Sea by (9.11%).

The Oil and Gas index ended with good gain of 660.55 points to close at 10,740.5 as Reliance (7.83%), RPL (6.55%), Gail (5.86%), ONGC (4.23%).

The Reality index also surged by 573.81 points to close at 9568.03. Taking it up are Unitech Ltd (9.94%), Penland Ltd (9.52%), DLF (8.30%), Parsvnath (6.25%).

Along with these, BSE Bankex also closed with higher gain of 534.02 points at 9563.11. Scrips surged are Bank of India (22.28%), Kotak Bank (13.21%), Canara Bank (11.32%), Yes Bank (10.00%), Union Bank (9.74%).

BSE IT remained under pressure with the marginal gain of 15.71 points to close at 4,634.88. Scrips moved up are Financial Tech (4.49%), Moser Baer (3.34%) and Satyam (2.97%).

Mid Market Session

The BSE Sensex remains firm with revived buying interest amidst good quarterly results from the Capital goods and Banking Sector. Now the fundamental news is keeping the momentum high. After facing a sheer selling pressure in the previous days, the market seems to be buoyant with new buying interest apart form profit booking. The broader market is also moving ahead along with the bench mark index toady as the BSE mid cap is higher by 220.65 points at 7,484.06 and small cap advanced by 262.05 points to 9,113.52.

The overall market breadth looks very strong and positive as 2018 stocks are advancing while 550 stocks are declining on BSE.

At 12.31 pm, BSE Sensex was up by 642.28 points at 18,256.27 while Nifty was high by 218.35 points at 5,402.35.

BSE Capital goods index gained by 1,048.63 points to 16,617.39. Suzlon is gaining 12.92% at Rs1789.90 .The Company has posted a net profit of Rs. 355.58cr during Q2FY08 with a remarkable gain of 40.27% over Rs. 253.49cr of Q2FY07. Total Income surged 32.39% at Rs. 1718.73cr as against Rs 1298.15cr during the corresponding period of the previous year. The company is also planning to split its shares from the face value of Rs. 10 to Rs. 2 per share.

BSE Banks index has gained by 99.87 points to trade at 8,937.42. HDFC Bank and ICICI Bank are moving high at Rs. 1,1464.95 (6.74%) and Rs1,1099.00 (3.45%) respectively. The banking sector has stunned the market with good growth and astounding figures in the top and bottom line. HDFC bank has recorded a staggering growth of 44.45% in Interest earned at Rs. 23,62.76cr. Besides that the net profit of the bank has grown phenomenal by 40.14% at Rs. 3,68.48cr YoY.

BSE Metal index gained by 724.33 points to trade at 15,157.05. Jindal steel is moving ahead with a gain of 11.11% at Rs 7,209. Sesa Goa Ltd is up with a gain of 9.05% at Rs 3,044.80, as the scrip was beaten badly during the previous trading days.

Pre Market Session

Indian market is likely to have a positive start for the day, as the domestic factor relating to FIIs is a bit relaxed. Further the global cues are also seems to be supportive. On Monday, the market traded with high volatility and ended mixed as the benchmark index Sensex closed up by 54.01 points at 17,613.99, whereas Nifty closed at 5,184 down by 31.30 points. We expect that the market may trade with choppiness along with cautious approach of the investors towards taking new positions.

On Monday, the US markets relaxed a bit as the Dow Jones Industrial Average (DJIA) closed up by 44.95 points to close at 13,566.97. NASDAQ Composite & S&P 500 (SPX) index also gained 28.77 points & 5.0 points to close at 2,753.93 & 1,506.33 respectively.

Indian ADRs ended with good gains. In telecommunication sector, VSNL & MTNL surged (5.73%) & (10.21%) respectively. In metal sector, Sterlite Industries grew by (2.65%). In Banking sector, ICICI bank & HDFC bank gained (5.06%) and (2.87%) respectively. Further in technology sector, Satyam increased by (3.77%) along with Wipro by (1.87%), Patni Computers by (3.79%) and Infosys by (1.91%).

The major stock markets in Asia are also trading in green territory. Hang Seng is trading with the gain of 570.76 points at 28,944.39. Along with this, Japan''s Nikkei is trading higher by 56.44 points to trade at 16,494.91. Singapore''s Straits Times index is also trading positive by 17.02 points at 3,659.66 and Seoul Composite is up by 23.26 points to trade at 1927.07.

Yesterday, the FIIs stood as the net sellers as the gross equity purchased was Rs.6,794.30.00 (in crores), and the gross debt purchased was Rs.0.00 (in crores) as against the gross equity sold was Rs.10,009.00 (in crores) and the gross debt sold was Rs.0.00 (in crores). The net investment of equity was Rs.-3,214.70 (in crores) and the net debt investment was Rs.0.00 (in crores).

Today, Nifty has support at 5,102 and resistance at 5,324 and BSE Sensex has support at 17,455 and resistance at 17,843.

Post Market Session

The market ended the day mixed, as Nifty closed in red and Sensex managed to close in green. The weakness in the opening session was attributed to the weak global cues. High volatility and lot of choppiness was witnessed during the session as most of the investors did intraday trading. Selective buying was seen in cement, power, capital goods, banking and FMCG stocks, whereas Realty, IT, telecom, metal and consumer durables were under heavy selling pressure. 50% of the key BSE indices ended with marginal gains and rest of the others like IT, Metal, Oil & Gas and Realty index closed in red. The benchmark index Sensex registered marginal growth of 54.01 points to close at 17,613.99, whereas Nifty closed at 5,184 down by 31.30 points. Overall, the market breath was flat for the day as 1345 stocks advanced while 1340 stocks declined on BSE. Further, BSE Midcap and BSE Smallcap closed marginally high by 24.83 points and 51.15 points at 7,263.41 & 8,851.47 respectively.

The Oil and Gas index ended with the loss of 162.48 points to close at 10,079.97 as Reliance (2.29%), RPL (0.47%), HPCL (1.50%), Gail (1.64%) and ONGC (0.93%) closed in negative.

BSE IT index also stood in the red territory for the day as it ended with the loss of 66.74 points to close at 4,619.17. The draggers are Tech Mahindra down by (4.87%), TCS (2.92%), Satyam (2.52%) and Rolta India by (1.74%).

The Reality index slipped by 59.42 points to close at 8,994.22. Drifting it down are Ansal Infrastructure (3.4%), Shobha Developers (3.32%), Anant Raj (2.69%), DLF (2.00%), Mahindra Ges (1.86%) and Unitech Ltd (1.75%).

BSE Bankex managed to closed with the gain of 191.54 points to close at 9029.09 . Scrips surged are Yes Bank (6.65%), ICICI Bank (3.74%), SBI Bank (2.70%), and Union Bank (2.49%).

BSE Capital goods also closed at 15,568.76 with a gain of 139.47 points. Pushing it up are Lakshmi Machinery Work Ltd (3.43%), Larsen & Toubro (2.47%), and Kalpat Power (2.24%).

Mid Market Session

The BSE Sensex is recovering fast as the abrupt selling pressure in the morning seems to be fading. The negative influence from the US market could not hold long as the bulls are back to keep a positive momentum. After a quick recovery during the mid the market now looks rather flat. The broader market has outperformed the benchmark indices toady as the BSE mid cap is higher by 33.15 points at 7,271.73 and small cap advanced by 81.68 points to 8,882.

The overall market breadth is positive as 1447 stocks are advancing while 901 stocks are declining on BSE.

At 12.34 pm, BSE Sensex was down by 27.19 points at 17,532.79 while Nifty was low by 16.75 points at 5197.40.

BSE Metal index dropped 48.33 points to trade at 13,897.06. Hindalco is moving ahead with a gain of 3.46% at Rs 180.70, besides Sesa Goa Ltd is also recovering fast with a gain of 6.66% at Rs 2,928, as the scrip was beaten badly during the previous week end.

BSE Capital goods index gained by 64.83 points to 15,494.12. Suzlon is moving ahead as investors are optimistic about the second quarter results. During Q1FY08 the company came with poor results however there are estimates about a good result coming in Q2FY08.

BSE Banks index has gained by 99.87 points to trade at 8,937.42. ICICI Bank and SBI are moving high at Rs 1,054(2.92%) and Rs1,683.80(0.97%) respectively. ICICI Bank has recorded a phenomenal growth in its top, middle and bottom line during Q2FY08. The Net profit of the company grew by a staggering 33% at Rs 1,003cr over Q2FY07. The Bank''s Net interest income and Fee based income gave a fillip to the bottom line growth.

SBI has tied up with Valsad District Co-operative Bank Ltd to sell the SBI life insurance products.

BSE IT index down by 82.36 points to trade at 4,603.55 as the main laggards like Tec Mahindra (3.72%) at Rs 1,279.95, TCS (2.96%) at Rs1,074, Satyam (2.3%) at 449.45 and Infosys (1.47%) at Rs 1,880 are trading low.

Pre Session Market

Indian market is likely to have a negative opening, as the Dow and Asian markets are down about 2-3%. On Friday, the benchmark index Sensex slipped by 438.41 points to close at 17,559.98, whereas Nifty closed at 5,215.30 down by 135.70 points. We expect that the market may trade volatile during the day. The investors may show cautious approach, as they are not sure about the market movement. Further the CPI(M)''s demand for a complete ban on participatory notes may have a severe impact on the market.

Wednesday, the US markets closed with heavy losses as the Dow Jones Industrial Average (DJIA) dropped by 366.94 points to close at 13,522.02. Further the NASDAQ Composite & S&P 500 (SPX) index also plunged by 74.15 points & 39.45 points to close at 2,725.16 & 1,500.63 respectively.

Indian ADRs ended with heavy loss, in telecommunication sector, VSNL & MTNL slipped by (7.36%) & (5.53%) respectively. In metal sector, Sterlite Industries plunged by (9.53%). ICICI bank & HDFC bank dropped (1.09%) and (1.98%) respectively. In technology sector, Satyam decreased by (3.06%) along with Wipro by (4.11%) and Infosys by (1.58%).

The major stock markets in Asia are also trading in red territory. Hang Seng is trading with heavy loss of 943.35 points at 28,521.70. Japan''s Nikkei slipped 537.27 points to trade at 16,277.10. Along with these, Singapore''s Straits Times index is also trading lower by 82.53 points at 3,665.45 and Seoul Composite is down by 71.51 points to trade at 1898.59.

On Friday, FIIs stood as net buyers as the gross equity purchased was Rs.8355.00 (in crores), and the gross debt purchased was Rs.59.50 (in crores) as against the gross equity sold was Rs.8229.40 (in crores) and the gross debt sold was Rs.29.40 (in crores). The net investment of equity was Rs.125.60 (in crores) and the net debt investment was Rs.30.10 (in crores).

Today, Nifty has support at 5,060 and resistance at 5,295 and BSE Sensex has support at 17,180 and resistance at 17,769.

Post Session Market

After a weak opening with a huge gap, the market continued its southbound movement through out the trading session. Market was seen under pressure right from the beginning of the session on the back of heavy selling across the board. Further the global cues were also not supportive which added to the negative sentiment that led the market to drift down further. All the key BSE indices ended in red except IT index which closed with marginal gains on the back of results of some IT majors like Wipro, Tech Mahindra etc. The benchmark index Sensex slipped by 438.41 points to close at 17,559.98, whereas Nifty closed at 5,215.30 down by 135.70 points. Overall, the market breath was weak for the day as 2184 stocks declined while 550 stocks advanced on BSE. Further, BSE Midcap and BSE Smallcap closed lower by 187.66 points and 278.43 points at 7,238.58 & 8,800.32 respectively. On the macroeconomic front, inflation came in at a 5 year low after 2002 at 3.07% for the week ended October 6th 2007 but failed to give a boost to the market.

BSE Metal stood in deep red territory as it closed lower by 549.82 points at 14,480. Pulling it down are Sea Goa (9.15%), Jindal Steel (8.83%), Sterlite (7.51%), Hindalco (6.58%) and Hindustan Zinc by (5.22%).

BSE Capital goods got hit badly as it closed at 15,429.29 with a loss of 711.20 points. Scrips lost the ground are Punj Lloyd (7.17%), AIA Engineering (6.92%), ABB Ltd (6.12%), BHEL by (5.99%) and Kir Oil Engineering by (5.80%).

The Oil and Gas index decreased by 320.45 points to close at 10,242.45 as BPCL (6.11%), RPL (4.63%), Reliance (4.14%), Gail (2.09%) closed in negative.

BSE Bankex also lost the grounds by 197.13 points to close at 8,837.55. Scrips plunged are Union Bank (10.28%), Kotak Bank (8.69%), Yes Bank (8.20%), Bank Of India (7.91%) .

BSE IT index stood alone as a gainer for the day as it ended with the marginal gain of 9.64 points to close at 4,685.91. The supporters are Moser Baer up by (3.51%), Patni computers (3.03%) and Infosys by (1.04%).

Mid Session Market

The market has lost further ground to trade in the deep negative territory on account of havy selling witnessed across the board. All the BSE indices are trading in red while the IT index is trading in between the positive and negative note. The Capital Goods, Meal and Realty stocks are the worstly hitted stocks of the day.

The overall market breadth is extremely negative as 500 stocks are advancing while 2019 stocks are declining and 46 stocks remained unchanged on BSE.

At 12.30 pm, BSE Sensex was at 17,414.05 down by 584.34 points and Nifty was at 5,138.85 down by 212.15 points. The Mid cap is lower by 211.36 points at 7,214.88 and the small Cap dropped by 253.22 points to trade at 8,825.53.

BSE IT index up marginally by 0.20 points to trade at 4,676.47 as Patni Computers (2.22%) and Infosys (1.14%) are trading higher whereas Tech Mahindra (3.45%), Wipro (2.91%) and TCS (2.76%) are trading lower.

BSE Capital goods index slipped 610.74 points to 15,529.75. The main losers are BHEL (7.31%), Suzlon Energy (4.92%), ABB (4.86%), L&T (3.78%) and Siemens (3.52%).

BSE Metal index dropped 428.35 points to trade at 14,601.47. The major losers are SAIL (3.45%), NALCO (2.45%), Tata Steel (2.28%), Hindalco Industries (1.08%) and Sterlite Industries (1.01%).

Pre Market Session

Indian market is likely to have flat opening on the back of weak global cues and cautious approach of the investors. On Thursday, the market traded with high volatility and ended into deep red territory with the benchmark index Sensex tanking 717.43 points to close at 17,998.39, whereas Nifty closed at 5351, down by 208.30 points. We expect that the market may trade volatile during the day. The investors may go for profit booking at the end of the trading session.

Wednesday, the US markets closed mixed as the Dow Jones Industrial Average (DJIA) & S&P 500 (SPX) index dropped marginally by 3.58 points & 1.16 points to close at 13,888.96 & 1540.08 respectively, whereas the and NASDAQ Composite closed marginally higher by 6.64 points to close at 2799.31.

Indian ADRs ended mixed. In banking sector, ICICI bank & HDFC bank dropped (1.32%) and (0.43%) respectively. In technology sector, Satyam increased marginally by (0.07%) along with Infosys by (0.22%) and Wipro by (2.70%). In telecommunication sector, VSNL & MTNL grew by (3.36%) & (1.92%) respectively.

The major stock markets in Asia are also trading mixed. Hang Seng is trading with marginal gains of 166.34 points at 29465.05. Japan''s Nikkei slipped 271.98 points to trade at 16834.11. Along with these, Singapore''s Straits Times index is also trading lower by 43.56 points at 3766.13 and Seoul Composite is marginally down by 13.87 points to trade at 1991.22.

Yesterday, FIIs performed heavy selling as the gross equity purchased was Rs.6076.50 (in crores), and the gross debt purchased was Rs.0.00 (in crores) as against the gross equity sold was Rs.7853.10 (in crores) and the gross debt sold was Rs.215.20 (in crores). The net investment of equity was Rs.-1776.60 (in crores) and the net debt investment was Rs.-215.20 (in crores).

Today, Nifty has support at 5,340 and resistance at 5,626 and BSE Sensex has support at 17,958 and resistance at 18,375.

Post Session Market

The market tumbled after the mid afternoon to close the session in a deep negative territory with the benchmark index Sensex fell 717.43 points to close at 17,998.39, whereas Nifty closed at 5351, down by 208.30 points. The market started the day with healthy gains over the Wednesday''s loss but lost the grip after the mid session. A lot of volatility is seen in today''s trading session as the Sensex moved around 400 up and 700 points down. Earlier in the day, the market had gained nearly 500 points to touch a new peak of 19,198 points on aggressive buying by funds and surge in the capital goods and consumer durable shares. However, the market tumbled post session and traded at the day''s low of 17,771.16 as heavy institutional selling was witnessed. Overall, the market breath was weak for the day as 1716 stocks declined while 1053 stocks advanced on BSE. Further, BSE Midcap and BSE Smallcap closed lower by 174.70 points and 122.83 points at 7426.24 & 9078.75 respectively.

BSE Metal ended lower by 689.98 points at 15029.82. Pulling it down are JSW Steel by (6.97%), SAIL by (6.45%), Sesa Goa by (5.68%), Hindalco (5.56%) and Hindustan Zinc by (5.42%).

BSE Capital goods closed in deep red at 16140.49, down by 684.05 points. Scrips lost the ground are Havell India by (10.14%), Suzlon Energy by (8.32), Crompton Greaves Ltd by (6.77%), BEML by (6.74%) and Siemens by (5.60%).

BSE Bankex also lost the grounds by 572.93 points to close at 9034.68. Scrips plunged are SBI (8.26%), Union Bank (7.45%), ICICI Bank (6.99%), Bank Of India (6.88%) and Yes Bank (6.51%).

The Reality index slipped by 448.18 points to close at 9,382.94. Drifting it down are Purvankara (7.91%), Indiabulls Realty (7.86%), Parsvnath (7.55%) and DLF Ltd (5.85%).

The Oil and Gas index decreased by 398.40 points at 10,562.9 as Reliance (4.25%), GAIL (4.06%), ONGC (3.26%), Essar Oil (3.22%), RPL (2.32%) and HPCL (1.57%) closed in negative.

Pre Session Market

Indian market is likely to have positive opening as the market got some relief from the SEBI''s statement not to ban the FII inflow on a permanent basis. On Wednesday, the Indian markets made a remarkable recovery after falling to a large extent and closed lower. The BSE Sensex closed lower by 336.04 points at 18,715.82 and Nifty fell 108.75 points to close at 5559.30. We expect the market to see some bull run along with gaining some further grounds.

Wednesday, the US markets closed mixed as the Dow Jones Industrial Average (DJIA) dropped by 20.40 points to close at 13,892.54, whereas the S&P 500 (SPX) index and NASDAQ Composite closed marginally higher by 2.71 points and 28.76 points to close at 1,541.24 and 2792.67 respectively.

Indian ADRs ended in positive territory. In banking sector, ICICI bank & HDFC bank surged (4.37%) and (1.51%) respectively. In technology sector, Satyam increased by (4.69%) along with Infosys by (4.20%) and Wipro by (3.20%). In telecommunication sector, MTNL grew by (2.33%), whereas VSNL dropped (1.85%).

The major stock markets in Asia are trading higher. Hang Seng rose by 258.88 points at 29557.59. Japan''s Nikkei surged 141.36 points to trade at 17096.67. However, Singapore''s Straits Times index is trading marginally lower by 11.07 points at 3828.66. Seoul Composite is up by 2.41 points to trade at 1986.35.

Yesterday, FIIs performed mixed activity as the gross equity purchased was Rs.6832.60 (in crores), and the gross debt purchased was Rs.30.10 (in crores) as against the gross equity sold was Rs.5678.50 (in crores) and the gross debt sold was Rs.111.40 (in crores). The net investment of equity was Rs.1154.1 (in crores) and the net debt investment was Rs.-81.30 (in crores).

Today, Nifty has support at 5,542 and resistance at 5,682 and BSE Sensex has support at 18,702 and resistance at 19,126.

Post Session Market

The market ended with humble loss after facing a dwindling situation at the initial stage of the trading session as a result of which the trading was suspended for an hour within few minutes of the start. At last the BSE Sensex closed lower by 336.04 points at 18,715.82 and Nifty fell 108.75 points to close at 5559.30. The market got the momentum to cover up most of the looses after the statement by Finance minister that there is no proposal for the banning of participatory notes. Also the SEBI''s chairman also later comment that the Participatory notes are not being banned. Only the IT index ended on a positive note but Metal, bank PSU and reality index declined drastically. The market created a history with a fall of more than 1700 points in a single day. Overall, the market breadth was weak as 1,757 stocks closed lower while 922 stocks closed higher. The BSE Mid Cap and Small Cap closed lower by 181.73 points and 154.55 points at 7,600.94 and 9,201.58 respectively.

BSE Bankex index fell 366.52 points to close at 9,607.61. Pulling it down are BOI (6.38%), Allahabad bank (6.65%), SBI (4.98%), ICICI bank (3.45%), HDFC bank (2.99%) closed lower.

The Reality index slipped by 356.19 points to close at 9,831.12. Drifting it down are Omaxe ltd (7.91%), HDIL (7.65%), Sobha developers (5.63%), Parsvnath (5.83%) and Unitech (3.51%) closed in negative.

BSE Metal index closed lower by 436.87 points at 15,719.80. Pulling it down are JSW steel (6.40%), Jindal stainless (5.37%), Nalco (5.09%), Tata steel (4.19%) and SAIL (1.90%) closed lower.

BSE Capital Goods index fell 289.40 points to close at 16,824.54 as BHEL (4.69%), Punj Lloyd (4.58%), Praj industries (3.86%), BEML (3.51%) and L&T (1.58%) closed in red.

The IT index grew by 47.40 points to close at 4,676.90 as TCS (2.53%), HCL tech (2.18%), Satyam (1.63%), I-Flex (1.46%) and Infosys (1.16%) closed in green.

Mid Session Market

The market has recovered from day''s low but is till trading in the negative territory. The broad based selling continued across the board but the It stocks are trading marginally lower on the back of modest weakening of dollar. The BSE Sensex open with a deep cut of more than 1000 points The market toady open with a deep cut of more than 1000 points on the back of SEBI''s announcement to restrict on the issuance of participatory notes.

The overall market breadth is extremely negative as 478 stocks are advancing while 1857 stocks are declining and 34 stocks remained unchanged on BSE.

At 12.30 pm, BSE Sensex was at 18,294.23 down by 757.63 points and Nifty was at 5,432.70 down by 235.35 points. The Mid cap is lower by 299.49 points at 7,483.18 and the small Cap dropped by 282.12 points to trade at 9,074.01.

BSE Banks index dropped by 740.99 points to trade at 9,233.14. The major losers are SBI (8.20%), ICICI Bank (8.19%), PNB (5%) and HDFC Bank (4.84%).

BSE Metal index dropped 1,116.57 points to trade at 15,040.10. The major losers are Tata Steel (7.71%), NALCO (6.67%), Hindalco industries (6.06%), SAIL (5.56%) and Sterlite Industries (4.54%).

BSE Oil & Gas index was trading 509.86 points lower at 10,484.66 as GAIL (7.37%), ONGC (7.14%), RPL (4.89%), HPCL (3.72%) and BPCL (2.85%) are trading lower.

Pre Session Market

Indian market is likely to have a negative opening as putting the restriction by SEBI on the issue of participatory notes by foreign institutional investors to restrict the flow of foreign funds into the domestic market. Also US market closed in red and Asian market is trading weak. will add to the sentiment. On Tuesday, the Indian markets closed little lower as the BSE Sensex closed marginally lower by 6.81 points at 19,051.86 while Nifty slipped by 2.35 points to close at 5,668.05. We expect the market remain cautious during the trading session.

Tuesday, the US markets closed in a negative territory. The Dow Jones Industrial Average (DJIA) dropped by 71.86 points to close at 13,912.94. The S&P 500 (SPX) index decreased by 10.18 points to close at 1,538.53 while the NASDAQ Composite (RIXF) fell 16.14 points to close at 2,763.91.

Indian ADRs ended in negative territory. In technology sector, Patni computers fell (8.38%) along with Infosys by (5.73%), Satyam by (4.05%) and Wipro by (3.35%). In banking sector, HDFC bank and ICICI bank dropped by (10.14%) and (6.51%) respectively. In telecommunication sector, VSNL and MTNL slipped by (4.96%) and (2.28%) respectively.

The major stock markets in Asia are trading weak. Hang Seng is trading lower by 179.76 points at 28,774.79. Japan''s Nikkei slipped by 179.52 points to trade at 16,958.40. Singapore''s Straits Times index fell 29.91 points to trade at 3,780.91. Seoul Composite trading lower by 35.43 points to trade at 1,970.33.

Yesterday, FIIs stood at the net buyer as the gross equity purchased was Rs.8,184 (in crores), and the gross debt purchased was Rs5 (in crores) as against the gross equity sold was Rs4,325.60 (in crores) and the gross debt sold was Rs0.00 (in crores). The net investment of equity was Rs3,858.40 (in crores) and the net debt investment was Rs5 (in crores).

Today, Nifty has support at 5,405 and resistance at 5,674 and BSE Sensex has support at 18,410 and resistance at 19,089.

Post Session Market

The market ended the session on a flat note as BSE Sensex closed marginally lower by 6.81 points at 19,051.86 and Nifty closed at 5,668.05 little lower by 2.35 points. Though the market surged at the initial stage to touch an intraday high of 19,174.45 but all of a sudden lost grip to trade lower on the back of weak global cues. But the market managed to pare most of its early losses to close the session on a flat note. The bankex index remained the most attractive during the trading session as most buying is seen in these scrips. A lot of volatility is seen in today trading session as the market keeps on moving in the positive and negative territory. Overall, the market breadth was weak as 1,543 stocks closed lower while 1212 stocks closed higher. The BSE Mid Cap and Small Cap closed higher by 65.765 points and 44.16 points at 7,782.67 and 9,356.13 respectively.

BSE Bankex index surged by 267.32 points to close at 9,974.13. Leading the rally are Axix bank (8.54%), Allahabad bank (7.12%), ICICI bank (5.48%), PNB (2.64%), Union bank (2.24%) and Yes bank (2.21%) closed higher.

The Reality index grew by 110.76 points to close at 10,187.31. Pushing it up are Sobha developers (5.38%), Akruti Nirman (3.71%), Unitech (1.86%) and Purvankara (1.49%) closed in positive.

BSE Metal index closed lower by 43.51 points at 16,156.67. Pulling it down are Sterlite industries (3.01%), SAIL (2.59%), Nalco (2.03%), JSW steel (1.72%), Tata Steel (0.48%) and Bhusan steel (0.17%) closed lower.

The Oil and Gas index closed lower by 58.29 points at 10,994.52 as Essar oil (2.65%), BPCL (2.21%), HPCL (1.85%), GAIL (1.27%), ONGC (1.24%) and Reliance industries (0.59%) closed in negative.

The IT index fell 83.34 points to close at 4,629.09 as Patni computer (4.27%), HCL tech (3.34%), Infosys (3.14%), Wipro (1.15%) and TCS (0.52%) closed in red.

BSE Auto index slipped by 14.59 points to close at 5,598.78 as M&M (2.34%), Bajaj auto (1.53%), Hero Honda (1.14%) and TVS motor (0.72%) closed lower.

Mid Session Market

The market is little volatile today and is trading in between the positive and negative territory. Most of the BSE indices are trading in red with an exception of Bank, Consumer Durables and Realty stocks. The Metal index is the top of the day. It has touched an intra day high of 9,988.30.

The overall market breadth is negative as 1212 stocks are advancing while 1370 stocks are declining and 72 stocks remained unchanged on BSE.

At 12.30 pm, BSE Sensex was at 19,024.85 down by 33.82 points and Nifty was at 5,553.30 down by 7.10 points. The Mid cap is higher by 60.48 points at 7,777.39 and the small Cap advanced by 51.19 points to trade at 9,363.16.

BSE Banks index surged by 222.51 points to trade at 9,929.32. The major gainers are Axis Bank (4.87%), ICICI Bank (4.56%), PNB (1.33%) and SBI (0.36%).

BSE Metal index dropped 19.62 points to trade at 16,180.56. The major losers are NALCO (2.79%), Hindalco industries (1.59%), Sterlite Industries (1.29%) and Tata Steel (0.44%).

BSE Oil & Gas index was trading 2.14 points lower at 11,050.67 as GAIL (2.05%), ONGC (1.60%) and BPCL (1.11%) are trading lower.

BSE Capital goods index slipped 110.07 points to 17,009.63. The main losers are L&T (2.05%), Suzlon Energy (1.59%) and BHEL (0.91%).

BSE IT index down by 81.06 points to trade at 4,631.37 as Infosys (2.85%), HCL Tech. (1.60%), Wipro (1.02%) and TCS (0.47%) are trading higher.TCS has registered a 22.8% growth in its net profit at Rs.1,251.60 Crores despite concern over the rising rupee as against dollar and also sub prime crisis in the US market.. The company revenues were also up by 25.4% T rs.5,639.73 Crores.

BSE Health Care index decreased by 22.18 points to trade at 3,820.05. Leading the loss are Sun Pharma (2.32%), GSK (1.70%), Cipla (1.06%) and Ranbaxy (0.23%).

BSE Auto index dropped 60.95 points to trade at 5,552.42. Leading to the declines are Hero Honda (2.61%), Mahindra & Mahindra (2.28%), Maruti Suzuki (1.38%) and Tata Motors (0.61%).

Pre Session Market

Indian market is likely to have a positive opening as the Asian market is trading mixed. On Monday, the Indian markets closed on a strong positive note as the BSE Sensex closed with hand some gains of 639.63 points at 19,058.67 while Nifty jumped by 242.12 points to close at 5,670.40. We expect the market may consolidate its gains at higher levels.

Monday, the US markets closed in a negative territory. The Dow Jones Industrial Average (DJIA) dropped by 108.28 points to close at 13,984.80. The S&P 500 (SPX) index decreased by 13.09 points to close at 1,548.71 while the NASDAQ Composite (RIXF) fell 25.63 points to close at 2,780.05.

Indian ADRs ended in mixed territory. In technology sector, Patni computers fell (2.89%) along with Infosys by (2.46%), Wipro by (1.5%) while Satyam grew by (0.11%). In banking sector, HDFC bank and ICICI bank advanced by (2.36%) and (2.21%) respectively. In telecommunication sector, VSNL and MTNL dropped by (1.90%) and (1.07%) respectively.

The major stock markets in Asia are trading mixed. Hang Seng is trading higher by 159.89 points at 29,700.67 while Japan''s Nikkei slipped by 175.79 points to trade at 17,182.36. Singapore''s Straits Times index fell 16.41 points to trade at 3,845.61. Seoul Composite trading up by 2.85 points to trade at 2,038.24.

Yesterday, FIIs stood at the net buyer as the gross equity purchased was Rs.5,510.90 (in crores), and the gross debt purchased was Rs226.10 (in crores) as against the gross equity sold was Rs4,729.90 (in crores) and the gross debt sold was Rs0.00 (in crores). The net investment of equity was Rs781 (in crores) and the net debt investment was Rs226.10 (in crores).

Today, Nifty has support at 5,572 and resistance at 5,739 and BSE Sensex has support at 18,767 and resistance at 19,246.

Post Session Market

The market closed the trading session on a strong positive note as BSE Sensex closed with handsome gains of 639.63 points to close at 19,058.67 while Nifty grew by 242.12 points to close at 5670.40. The Sensex touched the psychological mark of 19,095.75, which is its intraday high. The Sensex covers the journey of 18000-19000 in straight four trading session which is the fastest ever 1000 point rally. The market opened on a strong note and kept on moving northward directions throughout the trading session. This rally was backed by positive domestic cues like easing down of political concerns over the early election as PM hinted that the government will continue its full term as well as the good industrial production figures and easing down of inflation. The metal index remained in the limelight by making a one day gain of 1358 points on the expectations of good quarterly results for the month of September. Almost all the sectoral indices closed in green. Overall, the market breadth was weak as 1,899 stocks closed higher while 875 stocks closed lower. The BSE Mid Cap and Small Cap closed up by 187.37 points and 213.32 points at 7,716.91 and 9,311.97 respectively.

BSE Metal index closed with handsome gains of 1358.74 points at 16,200. Leading the rally are SAIL (15.41%),Sterlite (14.37%), Sesa Goa (13.16%), JSW steel (12.06%), Tata Steel (7.46%) and Nalco (5.03%) closed in green.

The capital goods index surged by 505.01 points to close at 17,119.70. Pushing it up are Punj Lloyd (11.15%), Seimens (7.94%), ABB (3.75%), Suzlon energy (3.72%) and BHEL (3.05%) closed in green.

BSE bankex index closed higher by 396.02 points at 9,706.81 as Axis bank (9.45%), Yes bank (6.13%), SBI (5.08%), ICICI bank (4.15%), HDFC bank (4.17%) and PNB (2.72%) closed in positive.

The Oil and Gas index closed with healthy gain of 476.86 points at 11,052.81 as ONGC (9.11%), GAIL India (8.65%), RPL (4.38%), Reliance industries (3.79%) and Cairn India (3.55%) closed higher.

Mid Session Market

The market is now gaining further momentum on account of heavy buying is seeing across the board. All the key sectorial indices are trading with significant gain. The Metal index is the star performer of the day. It has touched an intra day high of 15634.04. In line with this the Capital Goods, Oil & Gas and Bank stocks are also attracting significant attention.

The overall market breadth is extremely positive as 1952 stocks are advancing while 657 stocks are declining and 61 stocks remained unchanged on BSE.

At 12.30 pm, BSE Sensex was at 18,923.96 up by 504.92 points and Nifty was at 5,600.05 up by 171.80 points. The Mid cap is higher by 184.17 points at 7,713.71 and the small Cap advanced by 223.79 points to trade at 9,322.44.

BSE Metal index surged 691.49 points to trade at 15,532.93. The major gainers are Sterlite Industries (11.04%), Hindalco industries (3.91%), Tata Steel (3.53%) and NALCO (2.28%).

BSE Oil & Gas index was trading 307.73 points higher at 10,883.68 as ONGC (4.50%), GAIL (2.74%) and RPL (1.69%) are trading higher.

BSE Capital goods index improved 306.11 points to 16,920.80. The main gainers are Siemens (5.55%), ABB (3.38%), BHEL (3.08%) and L&T (1.13%).

BSE IT index up by 38.02 points to trade at 4,725.81 as Wipro (2.05%), TCS (1.79%), Satyam (1.14%), Infosys (0.88%) and HCL Technologies (0.64%) are trading higher.

BSE Banks index increased by 214.56 points to trade at 9,525.35. The main gainers are HDFC Bank (3.28%), PNB (2.54%), SBI (1.93%) and ICICI Bank (1.80%). The HDFC Bank bank has registered a 40% rise in its net profit to Rs.368.48 Crores for the second quarter. The rise in net profit was due to the higher interest income.

BSE Auto index enhanced 64.77 points to trade at 5,579.30. Leading to the gains are Maruti Suzuki (3.92%), Mahindra & Mahindra (1.93%), Tata Motors (1.87%) and Ashok Leyland (1.84%).

Pre Session Market

Indian market is likely to have a positive opening as the US market closed in green. On Friday, the Indian markets closed in a negative territory as the BSE Sensex closed lower by 395.03 points at 18,419.04 while Nifty slipped by 96.6 points to close at 5,428.25. We expect that volatility will sustain in the market and investors may book profits at higher levels.

Friday, the US markets closed in a positive territory. The Dow Jones Industrial Average (DJIA) grew 77.96 points to close at 14,093.08. The S&P 500 (SPX) index increased by 7.39 points to close at 1,561.80 while the NASDAQ Composite (RIXF) advanced 33.48 points to close at 2,805.68.

Indian ADRs ended in mixed. In technology sector, Patni computers grew by (3.32%) along with Wipro by (2.79%) and Satyam by (0.30%) while Infosys fell (0.17%). In banking sector, HDFC bank and ICICI bank advanced by (6.81%) and (0.49%) respectively. MTNL and VSNL grew by (2.55%) and (1.15%) respectively. In auto sector, Tata Motors slipped by (0.58%).

The major stock markets in Asia are trading mixed. Japan''s Nikkei advanced by 43.72 points to trade at 17,374.89. Hang Seng Index grew by 12.53 points to trade at 28,850.90. Singapore''s Straits Times index increased by 9.43 points to trade at 3,866.68. Seoul Composite trading lower by 10.87 points to trade at 2,015.57.

Yesterday, FIIs stood at the net buyer as the gross equity purchased was Rs.6,301.70 (in crores), and the gross debt purchased was Rs 984.20 (in crores) as against the gross equity sold was Rs5,310.70 (in crores) and the gross debt sold was Rs34.30 (in crores). The net investment of equity was Rs991 (in crores) and the net debt investment was Rs949.90 (in crores).

Today, Nifty has support at 5,341 and resistance at 5,495 and BSE Sensex has support at 18,129 and resistance at 18,615.

Post Session Market

The market closed the trading session on a negative note as BSE Sensex fell drastically by 395.03 points to close at 18,419.04 and Nifty dropped by 96.6 points to close at 5428.25. After a continuous three-day rally, the market changed gears to move in the opposite directions. Though the market made a smart recovery in the afternoon trade but unable to sustain its momentum at higher level as profit booking prevails. Some of the encouraging cues from the domestic market failed to give a boost to the Indian markets like India''s industrial production output grew by 10.7% in August 2007 from 7.5% in July 2007, India''s wholesale price index i.e. inflation stood at 3.26% in September 29 as against 3.42% last week. Also the political concerns about the early elections eased off as Congress leader Sonia Gandhi told that she is not in a mood of early elections and will complete full term. Overall, the market breadth was weak as 1,693 stocks closed in red while 1052 stocks closed in green. The BSE Mid Cap and Small Cap closed lower by 61.06 points and 21.73 points at 7,529.54 and 9,098.65 respectively.
The capital goods index slipped by 473.31 points to close at 16,614.69. Pulling it down are Suzlon energy (4.50%), L&T (3.61%), BHEL (3.30%), ABB (2.27%) closed lower.
BSE bankex index closed lower by 260 points at 9,310.79 as SBI (4.23%), BOB (3.47%), ICICI bank (3.37%), IOB (3.29%) closed in negative.
BSE Metal index closed marginally up by 8.80 points at 14,841.11. Adding to the growth are Welspun Gujarat Stalh (5.51%), Sesa Goa (2.56%), Hindalco (1.73%), Bhusan steel (1.67%) closed in green.
The oil and gas index fell 149.70 points to close at 10,575.95 as IOCL (3.97%), Essar Oil (3.44%), HPCL (3.20%), Reliance industries (2.39%) and RPL (1.84%) closed in red.
The IT index fell by 78.93 points to close at 4,687.79. Pushing it down are Tech Mahindra (6.30%), I-Flex (2.69%), Satyam (2.09%), Infosys (2.31%) closed in red.

Mid Session Market

The market is now trading at lower level as selling in the selective index pivotal is stll continuing. The heavy selling is seen in the Banking and Capital Goods stocks. However the strong buying in the Metal and Oil & Gas stocks has provided some support to the market.

The overall market breadth is negative as 1149 stocks are advancing while 1418 stocks are declining and 74 stocks remained unchanged on BSE.

At 12.33 pm, BSE Sensex was at 18,688.91 down by 125.26 points while Nifty was at 5,514.70 down by 10.15 points. The Mid cap is higher by 30.87 points at 7,621.47 and the small Cap advanced by 56.73 points to trade at 9,177.11.

BSE Metal index surged 204.20 points to trade at 15,036.84. The major gainers are Tata Steel (2.82%), SAIL (1.78%), Hindalco Industries (1.70%) and Sterlite Industries (1. %).21

BSE Capital goods index dropped 211.17 points to 16,876.83. The main losers are Suzlon energy (3.04%), Siemens (2.37%), L&T (1.69%) and BHEL (1.20%).

L&T has agreed to buy out the switchgear business of Tamco in Malaysia for $108 million. Tamco has units in Malaysia, Australia, China and Indonesia.

BSE IT index down by 123.70 points to trade at 4,643.02 as TCS (3.54%), Satyam (3.12%), Infosys (2.63%), HCL Tech. (2.56%) and Wipro (2.05%) are trading lower.

BSE Oil & Gas index was trading 66.50 points higher at 10,792.15 as ONGC (4.50%), GAIL (2.74%) and RPL (1.69%) are trading higher. GAIl is likely to see a growth of 40% in revenues to Rs22,446 Crore this fiscal. Also the company has projected to see further rise in revenues to Rs23,918 Crore in 2008-09, Rs27,014 Crore in 2009-10 and Rs29,580 Crore in 2010-11.

BSE Banks index decreased by 180.88 points to trade at 9,389.91. The main losers are ICICI Bank (2.75%), HDFC Bank (2.05%), SBI (1.08%) and PNB (0.78%).

BSE Auto index dropped 21.12 points to trade at 5,582.73. Leading to the loss are Maruti Suzuki (1.70%), Hero Honda (1.19%), Tata Motors (0.72%) and Bajaj Auto (0.08%).

Pre Session Market

Indian market is likely to have a flat opening. On Thursday, the Indian markets closed firm as the BSE Sensex closed up by 155.82 points at 18,814.07 while Nifty grew by 83.4 points to close at 5,524.85. We expect that volatility will remain in the market during the trading session but the declaration of the industrial production data and the wholesale price based inflation by the government as well as the outcome of the annual general meeting of reliance industries today will set the trend for the market. There is expectation that reliance industries may go for stock split or bonus issue in this AGM.

Thursday, the US markets closed in a negative territory. The Dow Jones Industrial Average (DJIA) dropped 63.57 points to close at 14,015.12. The S&P 500 (SPX) index decreased by 8.06 points to close at 1,554.41 while the NASDAQ Composite (RIXF) fell 39.41 points to close at 2,772.20.

Indian ADRs ended in mixed. In technology sector, Infosys fell 6.35% along with Wipro by (6.18%), Satyam by (5.24%) and Patni computers by (4.15%). In banking sector, HDFC bank and ICICI bank dropped by (2.95%) and (1.57%) respectively. VSNL and MTNL grew by (3.93%) and (2.11%) respectively.

The major stock markets in Asia are trading weak. Hang Seng Index fell 358.41 points to trade at 28,774.61. Japan''s Nikkei is trading lower by 79.64 points at 17,379.34,. Singapore''s Straits Times index slipped by 17.90 points to trade at 3,857.87. Seoul Composite trading down by 18.74 points at 2,040.11.

Yesterday, FIIs stood at the net buyer as the gross equity purchased was Rs.6,043.10 (in crores), and the gross debt purchased was Rs291.70 (in crores) as against the gross equity sold was Rs4,295.30 (in crores) and the gross debt sold was Rs0.60 (in crores). The net investment of equity was Rs1,747.80 (in crores) and the net debt investment was Rs291.10 (in crores).

Today, Nifty has support at 5,380 and resistance at 5,595 and BSE Sensex has support at 18,514.07 and resistance at 19,080.

Post Session Market

The market closed the trading session on a positive session by extending the gains further. The BSE Sensex closed up by 155.82 points at 18,814.07 and Nify extend its gains to close higher by 83.4 points at 5524.85. The Sensex touched the new lifetime high of 18,832.65 in the late afternoon trade. The market opened the session with moderate gain but all of a sudden volatility gripped the market mainly on account of weakness in technology stocks, saw the index swing in and out of the positive zone.. Almost all the sectors closed in green except the IT index that remained out of favor as the IT bellwether Infosys failed to give boost to the scrips in this sector by its quarterly results. Overall, the market breadth was little weak as 1,383 stocks closed in red while 1347 stocks closed in green. The BSE Mid Cap and Small Cap closed higher by 106.24 points and 97.63 points at 7,590.60 and 9120.38 respectively.

The capital goods index surged by 456.65 points to close at 17,088. Leading the rally are AIA Engineering 10.95%, Punj Lloyd 5.79%, BHEL 3.89%, L&T 3.40% and ABB 1.97% closed higher.

BSE Metal index grew by 389.12 points at 14,832.64. Adding to the rally are Sterlite Industries (7.43%), SAIL 5.83%, NALCO 4.83%, Hindalco Industries 3.26% and Jindal Saw 3.75% closed higher.

The oil and gas index grew by 175.10 points to close at 10,725.65. Pushing it up are ONGC (5.66%), Essar Oil (4.87%), GAIL (4.22%), Cairn India (2.06%) and RPL (2.23%) closed in green.

BSE bankex index closed higher by 147.60 points to close at 9,570.79 as BOI (3.69%), BOB (2.32%), HDFC bank (2.56%), ICICI bank (1.99%), Union bank (1.34%) and SBI (1.08%) closed in positive.

BSE auto index grew by 146.92 points to close at 5,603.85 as MRF (15.98%), M&M (7.62%), Tata Motors (3.05%), Maruti udyog (1.59%) and TVS motor (0.48%) closed in green.

The IT index closed lower by 282.28 points at 4,766.72. Pushing it down are Satyam computers (7.50%), Infosys (6.99%), HCL tech (5.35%), TCS (4.72%) and Wipro (2.99%).

Mid session Market

The market is facing a lot of volatility and slipped from higher level as selling emerged at the higher level. The IT index is the worst hitted among the key indices on account of the Infosys second quarter results. However the Capital Goods & Metal stocks are facing the strong buying momentum. The overall market breadth is negative 1158 stocks are advancing while 1394 stocks are declining on BSE.
At 12.42 pm, BSE Sensex was at 18,589.08 down by 69.17 points while Nifty was at 5,436 down by 5 points. The Mid cap is higher by 7.89 points at 7,492.25 and the small Cap advanced by 7.57 points to trade at 9,030.32.
BSE Capital goods index surged 298.70 points to 16,930.05. The main gainers are L&T (2.94%), BHEL (1.98%) and ABB (0.36%).Larsen and toubro firmed up by (3.41%) to trade at Rs3271 as the company has bagged an order worth $60mn from Saudi Arabia''''s methanol chemical or Chemanol for setting up of high technology methyl amines and dimethyl formamide plants.
BSE Metal index improved 284.72 points to trade at 14,728.24. The major gainers are Sterlite Industries (6.26%), SAIL (2.82%) and Tata Steel (0.12%).
BSE Oil & Gas index was trading 87.09 points higher at 10,637.64 as ONGC (1.88%), RPL (1.73%) and GAIL (1.30%) are trading in green.
BSE Banks index increased by 87.04 points to trade at 9,510.23. The main gainers are PNB (0.59%), HDFC Bank (0.56%), ICICI Bank (0.28%) and SBI (0.26%).
BSE IT index dropped by 252.68 points to trade at 4,796.32 as Infosys (6.92%), Satyam (6%), HCL Tech (5.47%), Wipro (4.17%) and TCS (4%) are trading lower.Infosys dropped by (5.63%) to trade at Rs2005 as the company did not came out with good quarterly numbers. The company has posted a marginal growth of 1.9% in consolidated net profit to Rs1100 Crore for the quarter ended September 2007 as compared to Rs1079 Crore reported during the same period last year.

Pre Session Market

Indian market is likely to have a positive opening as the Asian market is trading in green. On Wednesday, the Indian markets closed firm as the BSE Sensex grew by 378.01 points to close at 18,658.25 while Nifty closed up by 114.2 points at 5,441.45. We expect that the market may extend its gains and volatility will prevail later on as the IT bellwether company Infosys is coming out with quarterly numbers for the second quarter ended September 2007 today , which will set the further directions to the market.

Wednesday, the US markets closed in a negative territory. The Dow Jones Industrial Average (DJIA) dropped 85.84 points to close at 14,078.69. The S&P 500 (SPX) index decreased by 2.68 points to close at 1,562.47 while the NASDAQ Composite (RIXF) grew 7.70 points to close at 2,811.61.

Indian ADRs ended in mixed. In technology sector, Wipro grew by 2.62% along with Infosys by 2.45% while Patni computers and Satyam fell 2.17% and 0.18% respectively. In banking sector, ICICI bank advanced by 1.09% while HDFC bank decreased by 1.57%. VSNL grew by 5.82% while MTNL decreased by 0.49%. In auto sector, Tata Motors increased by (1.71%).

The major stock markets in Asia are trading firm. Hang Seng Index grew by 271.25 points to trade at 28,840.58. Japan''s Nikkei is trading higher by 34.76 points at 17,212.65. Singapore''s Straits Times index increased by 60.34 points to trade at 3,874.79. Seoul Composite trading marginally up by 3.53 points at 2,044.65.

Mid Session Market

The market is trading strong with significant gains. The strong buying is seen in the Capital Goods and Metal stocks. All the key indices are trading in green with an exception of FMCG index which is trading marginally lower. The overall market breadth is positive 1441 stocks are advancing while 1160 stocks are declining on BSE.

At 12.42 pm, BSE Sensex was at 18,574.01 up by 293.77 points while Nifty was at 5,421.25 up by 94 points. The Mid cap is higher by 110.13 points at 7,508.83 and the small Cap advanced by 82.49 points to trade at 9,059.25.

BSE Capital goods index advanced 513.32 points to 16,447.76. The main gainers are L&T (7.11%), Suzlon Energy (3.46%), BHEL (2.50%) and Siemens (1.28%).

BHEL has won a Rs.394 Crore turnkey contract for setting up a 67.5 MW captive power plant at Vizag steel plant in Andhra Pradesh.

BSE Metal index improved 255.31 points to trade at 14,336.24. The major gainers are Hindalco Industries (3.05%), Tata Steel (2.03%), SAIL (1.94%) and Sterlite Industries (1.90%).

BSE Oil & Gas index was trading 140.26 points higher at 10,575.43 as RPL (5.59%), Essar Oil (2.38%), ONGC (2.03%) and GAIL (0.26%) are trading in green.

BSE Banks index increased by 141.04 points to trade at 9,414.45. The main gainers are ICICI Bank (1.53%), PNB (1.38%), SBI (0.90%) and HDFC Bank (0.28%).

SBI has got the approval from the government to raise capital up to Rs.10,000Crore by March 2008.

BSE IT index up by 66.21 points to trade at 4,956.39 as Tech. Mahindra (5.61%), Infosys (1.37%), TCS (1.19%) and Satyam (0.21%) are trading higher.

BSE Auto index enhanced 28.74 points to trade at 5,457.08. Leading to the gain are Appolo Tyres (4.56%), Tata Motors (1.70%), Mahindra & Mahindra (1.49%) and TVS Motors (1.36%).

Tata Motors is planning to launch new cars in 2007-08 in order to increase the car sales in the domestic market.

Pre Session Market

Indian market is likely to have a positive opening on the back of positive global and domestic cues. On Tuesday, the Indian markets closed on a strong note which is the highest ever in the history of Indian stock market. The BSE Sensex surged by 788.85 points to close at 18,280.24 while Nifty advanced by 242.15 points to close at 5,327.25. The yesterday''s rally was on the back of the surprise news that both the UPA and Left have agreed to carry on the meeting over the US nuclear deal on October 22. We expect the market that the profit booking may prevail at higher levels .

Tuesday, the US markets closed in a positive territory. The Dow Jones Industrial Average (DJIA) surged 120.80 points to close at 14,164.53. The S&P 500 (SPX) index increased by 12.57 points to close at 1,565.15 and the NASDAQ Composite (RIXF) grew 16.54 points to close at 2,803.91.

Indian ADRs ended in green. In technology sector, Patni computers grew by (4.36%) along with Satyam by 3.54%, Wipro by 3.24% and Infosys by 2.84%. In banking sector, ICICI bank and HDFC bank gained (4.30%) and (3.47%) respectively. VSNL and MTNL advanced by (4.20%) and (3.72%) respectively. In Metal sector, Sterlite industries increased by (4.43%).

The major stock markets in Asia are trading strong. Hang Seng Index grew by 363.44 points to trade at 28,591.48. Japan''s Nikkei is trading up by 57.63 points at 17,217.53. Singapore''s Straits Times index advanced by 18.47 points to trade at 3,884.22. Seoul Composite trading higher by 22.04 points at 2,036.17.

Yesterday, the gross equity purchased was Rs.9,160.40 (in crores), and the gross debt purchased was Rs458.30 (in crores). The gross equity sold was Rs5,740.60 (in crores), and the gross debt sold was Rs202.90 (in crores). The net investment of equity was Rs3,419.80 (in crores) and the net debt investment was Rs255.40 (in crores).

Today, Nifty has support at 5,201 and resistance at 5,381 and BSE Sensex has support at 17,860 and resistance at 18,463.

Post Session Market

The market closed the session on a strong note as both the benchmark indices touched new heights to close with handsome gains. The BSE Sensex closed higher by 788.85 points at 18,280.24 and Nifty closed firm at 5,327.25 up by 242.15 points. The Sensex covers the journey of 17,000 to 18,000 mark in just 8 straight trading session. It touched an intraday high of 18,327.42 during the trading session. All the sectoral indices closed in green. Most buying is seen across oil and gas, metal, capital goods and reality, power and telecom stocks. The rally was on the back of easing down of political concerns. Though the market opened on a weak note but manages to make a huge turnaround as buying intensified across all the sectoral indices. Overall, the market breadth was strong as 1,784 stocks closed in green while 933 stocks closed in red. The BSE Mid Cap and Small Cap closed higher by 187.10 points and 175.76 points at 7,398.70 and 8,976.76 respectively.
The oil and gas index surged by 637.52 points to close at 10,435.17 as the central government is discussing the matter to issue more oil bonds for the oil companies to compensate for the rise in global crude oil prices and the government is no mood to hike the oil prices. Leading this rally are Reliance industries 7.59%, RPL 6.72%, GAIL 5.69%, ONGC 4.85%, BPCL 3.69% and HPCL 2.39% closed in green.
BSE Metal index grew by 491.32 points at 14,080.93. Adding to the rally are SAIL 6.70%, Tata steel 5.78%, JSW steel 5.69%, Nalco 3.57%, Sterlite 2.27% and Hindalco 1.52% closed higher.
The IT index closed up by 119.87 points at 4,890.18. Pushing it up are Wipro 4.18%, Mphasis 3.66%, HCL tech 3.39%, Satyam 3.29%, Infosys 2.38% and TCS 1.66%.
The capital goods index increased by 488.81 points to close at 15,934.44 as L&T (4.73%), Siemens (2.32%), BHEL (2.10%) and ABB (2.09%) closed higher.
BSE bankex index grew 288.85 points to close at 9,273.41. Pushing it up are Kotak Bank (6.69%), SBI (6.01%), BOI (5.79%), Yes Bank (4.32%), ICICI Bank (2.89%)

Mid Session Market

The market has extended its gains and is trading strong on the back of heavy buying momentum seen in the selective index pivotal. The Capital Goods, Oil & Gas and IT stocks are in strong demand today. However the FMCG stocks are still reeling under pressure. The overall market breadth is negative as 1195 stocks are advancing while 1290 stocks are declining on BSE.
At 12.40 pm, BSE Sensex was at 17,752.29 up by 260.90 points while Nifty was at 5,156.65 up by 71.55 points. The Mid cap is higher by 52.50 points at 7,264.10 and the small Cap advanced by 36.92 points to trade at 8,837.92.
BSE Capital goods index surged 199.31 points to 15,638.94. The main gainers are L&T (2.42%), Thermax Ltd. (1.50%), Suzlon Energy (1.15%) and BHEL (0.73%).
L&T has bagged a large project order worth Rs693 Crores from Indian Oil Corporation Ltd. This order comprises of two trains of 300 Tonnes per Day Sulphur Recovery Units (EPCC - 5) along with associated facilities such as Amine Regeneration Unit Sour Water Stripper & Tail Gas Treatment Unit
BSE IT index up by 62.65 points to trade at 4,832.96 as Satyam (2.41%), HCL Technologies (1.95%), Infosys (1.25%), TCS (1.02%) and Wipro (0.43%) are trading higher.
BSE Metal index advanced 51.27 points to trade at 13,640.88. The major gainers are Tata Steel (1.77%), SAIL (1.04%), Hindalco Industries (0.62%) and Sterlite Industries (0.54%).
BSE Oil & Gas index was trading 124.19 points higher at 9,921.84 as Reliance (2.49%), RPL (1.32%), ONGC (0.11%) and Cairn India (0.20%).
BSE Banks index increased by 24.92 points to trade at 9,009.78. The main gainers are Kotak Bank (4.16%), SBI (1.25%), Andhra Bank (0.80%) and ICICI Bank (0.37%).
BSE Auto index improved 51.49 points to trade at 5,322.20. Leading to the gains are Maruti Udyog (2.63%), Tata Motors (1.44%),Bajaj Auto (1.21%), and M&M (0.83%).
Maruti Udyog is all set to launch a new Sedan based Swift in January next year. This new model will be a replacement of Esteem.

Pre Session Market

Indian market is likely to have a flat opening as the Asian market is trading mixed. On Monday, the Indian markets ended on a negative note as BSE Sensex closed lower by 281.97 points at 17,491.39 while Nifty fell 100.75 points to close at 5, 085.10. We expect the market see a good amount of volatility on the back of political concerns and the investors will follow a wait and watch approach before booking their positions.

Monday, the US markets closed in a negative territory. The Dow Jones Industrial Average (DJIA) dropped 22.28 points to close at 14,043.73. The S&P 500 (SPX) index decreased by 5.01 points to close at 1,552.58 while the NASDAQ Composite (RIXF) grew 7.05 points to close at 2,787.37.

Crude oil prices closed at $79.02per barrel lower by $2.20 in NYME. The crude oil prices closed below $80 per barrel on the back of strengthening of dollar as against major currencies.

Indian ADRs ended with a mixed bag. In technology sector, Patni computers grew by (4.33%) along with Infosys by (0.10%) while Satyam and Wipro slipped by (1.45%) and (0.53%) respectively. In banking sector, ICICI bank and HDFC bank dropped by (1.66%) and (1.02%) respectively. VSNL and MTNL dropped by (3.70%) and (1.42%) respectively. In Metal sector, Sterlite industries fell by (4%).

The major stock markets in Asia are trading mixed. Japan''s Nikkei is trading up by 157.05 points at 17,222.09. Hang Seng Index slipped by 93.83 points to trade at 27,676.46. Singapore''s Straits Times index trading marginally higher by 7.94 points at 3,828.25. Taiwan Weighted dropped by 108.76 points to trade at 9,608.40. Seoul Composite trading down by 17.18 points at 1,995.64.

Today, Nifty has support at 4,981 and resistance at 5,132 and BSE Sensex has support at 17,212 and resistance at 17,696.

Post Session Market

The market closed the session on a deep negative territory on the back of political concerns which led the benchmark indeices BSE Sensex closed lower by 281.97 points at 17,491.39 while Nifty fell by 100.75 points to close at 5,085.10. There was speculation that the mid term polls may took place at any point of time that led to the negative sentiments to prevail in the market. From the sectoral indices front, BSE IT is the only index that survives as the quarterly results of the biggies in this sector are round the corner. The BSE Sensex opened on a strong note to touch an intraday high of 17,982.59 but immediately lost grip and fell to trade in red through out the session. Overall, the market breadth was weak as 2,263 stocks closed in red while 474 stocks manage to close in green. The BSE Mid Cap and Small Cap closed on a negative note as they slipped by 273.91 points and 300.87 points at 7,211.60 and 8,801 respectively.

The IT index manages to close higher by 30.04 points at 4,770.31. Pushing it up are Patni computers (4.77%), Satyam computers (2.50%), Wipro (1.84%), HCL tech (0.98%) and Infosys (0.54%) closed in positive.

BSE Metal index dropped by 532.75 points at 13,589.61 as JSW Steel 5.58%, SAIL 5.20%, Tata steel 5.27%, and Hindalco Industries 4.52% closed lower.

The oil and gas index closed the session on a negative note as it dropped by 312.15 points to close at 9,797.65. Leading to the loss are Essar Oil (8.85%), Indian Oil (6.09%), RPL (5.12%) and GAIL (3.19%) that closed in red.

The capital goods index decreased by 296.96 points to close at 15,445.63 as Siemens (4.47%), ABB (2.35%), L&T (2.23%) and Suzlon Energy (0.29%) closed lower.

BSE bankex index fell 239.66 points to close at 8,984.86. Pushing it down are Andhra bank (8.49%), Yes bank (6.53%), IOB (5.79%), SBI (4.43%), PNB (3.52%), ICICI bank (1.97%) and Canara bank (1.81%)closed in negative.

Mid Session Market

The market is trading weak since mid morning on account of the ongoing political uncertainty. The market had opened on a strong note on the back of firm global markets. But later the market slipped into red as the heavy selling is seen among the selective scrips mainly led by Metal, Realty and Capital Goods stocks. Only the IT index is providing some relation to the market as some buying is senn in these stocks. The overall market breadth is weak as 464 stocks are advancing while 2108 stocks are declining on BSE.
At 12.42 pm, BSE Sensex was at 17,620.57 down by 152.79 points while Nifty was at 5,120.85 down by 65 points. The Mid cap is lower by 222.53 points at 7,262.98 and the small Cap dropped by 242.78 points to trade at 8,859.09.
BSE IT index up by 46.46 points to trade at 4,786.73 as Satyam (3.37%), Infosys (1.51%), TCS (1.40%), HCL Tech. (1.31%) and Wipro (1.09%) are trading lower.
Infosys is coming out with the quarterly numbers on the 11th of this week, which will give a further direction to the market there after.
BSE Metal index slipped 495.63 points to trade at 13,626.73. The major losers are Tata Steel (3.96%), SAIL (3.45%), Hindalco Industries (2.35%) and Sterlite Industries (1.97%).
BSE Capital goods index dropped 448.30 points to 15,294.29. The main losers are Siemens (4.21%), ABB (4.05%), L&T (2.91%) and BHEL (0.60%).
L&T is exploring the possibilities of making components of passenger aircraft at its factory at Coimbatore in Tamil Nadu. T
BSE Oil & Gas index was trading 225.16 points lower at 9,884.64 as RPL (3.77%), HPCL (3.32%) ONGC (2.69%) and GAIL (2.65%).
BSE Banks index decreased by 215.62 points to trade at 9,008.90. The main losers are PNB (2.86%), SBI (2.75%) and ICICI Bank (1.74%).
BSE Auto index dropped 11.91 points to trade at 5,400.28. Leading to the drop are Tata Motors (2.95%), M&M (2.53%) and Maruti Udyog (2.42%).

Pre Session Market

Indian market is likely to have a positive opening as the global cues are in favor. On Friday, the Indian markets ended marginally lower as BSE Sensex closed at 17,773.36 slipped by 3.78 points while Nifty closed lower by 22.8 points at 5, 185.85. We expect the market to trade higher during the trading session.

Friday, the US markets closed in green. The Dow Jones Industrial Average (DJIA) surged 91.70 points to close at 14,066.01. The S&P 500 (SPX) index increased by 14.75 points to close at 1,557.59 and the NASDAQ Composite (RIXF) grew 46.75 points to close at 2,780.32.

Indian ADRs ended in green. In technology sector, Infosys grew by (2.70%) along with Satyam by (2.30%), Wipro by (2.15%) and Patni computers by (1.22%). In banking sector, HDFC bank and ICICI bank rose by (3.88%) and (0.19%) respectively. VSNL and MTNL grew by (3.46%) and (0.62%) respectively. In Metal sector, Sterlite industries surged by (2.86%).

The major stock markets in Asia are trading strong. Hang Seng Index surged by 478.05 points to trade at 28,309.57. Singapore''s Straits Times index trading higher by 41.50 points at 3,864.12. Taiwan Weighted advanced by 109.22 points to trade at 9,726.48.Seoul Composite trading up by 20.10 points at 2,016.13.

On Friday the FII activity was, the gross equity purchased was Rs4, 403.80 (in crores) and the gross debt purchased was Rs237.30 (in crores). The gross equity sold was Rs3,828.80 (in crores), and the gross debt sold was Rs33.50 (in crores). The net investment of equity was Rs575 (in crores) and the net debt investment was Rs203.80 (in crores).

Today, Nifty has support at 5,155 and resistance at 5,280 and BSE Sensex has support at 17,650 and resistance at 18,090.