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Wednesday, July 1, 2009

Sensex closes 151 pts up | Nifty up ~50 pts

BSE sensex gained 151 pts to close at 14645.47 and Nifty closed at 4340.90 up by 49.80 pts. “Nifty has resistance at 4305-4335-4355 and above 4355 it may move to 4370 during the day. The index has support at 4270-4250-4225 and below 4225 we can see more selling pressure and Nifty could move to 4200-4185,

One and half hour after market opened today Sensex was at 14433.17, down 60.67 points or 0.42 per cent. The index touched an intra-day high of 14648.42 and low of 14400.42, NSE Nifty was at 4273.45, down 17.65 points or 0.41 per cent. The broader index touched an intra-day high of 4338.25 and low of 4261.35.

BSE Midcap Index was down 0.61 per cent and BSE Smallcap Index fell 0.74 per cent.

Amongst the sectoral indices, BSE Metal Index was down 1.66 per cent, BSE PSU Index slipped 1.09 per cent and BSE Power Index declined 0.85 per cent. BSE FMCG Index was 0.62 per cent higher.

Market breadth was negative on the BSE with 1444 declines and 671 advances today.

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