Sunday 30 October 2011

Today's market expectations..


Dear traders,


                             The pre-opening session of the market begins with the Nifty and Sensex indicating a flat start today. The SGX Nifty is at 5371, down 13 points. 
                             The Indian market opens the first trading day of the week on a soft note after the huge rally on Friday. Over the weekend, the US markets closed flat with the Dow up 22 odd points while Asia is in the red at this hour. Sensex is trading at 17753, down 50 points from its previous close, and Nifty is at 5336, down 23 points. CNX Midcap index is down 0.1% and BSE Smallcap index is up 0.3%. The market breadth is negative with advances at 333 against declines of 356 on the NSE.
                             The markets are trading negative with oil & gas and consumer durables being the biggest losers at this hour. The Sensex is trading at 17729, down 76 points from its previous close, and the Nifty is at 5332, down 29 points. The CNX Midcap index is up 0.04% while the BSE Smallcap index has gained 0.3% till now. The market breadth is negative with advances at 589 against declines of 666 on the NSE.
                             The markets are still trading in a range with banking, IT and realty being in positive territory. Metal, oil & gas and auto are the biggest losers at this hour. The Sensex is trading at 17719, down 86 points from its previous close, and the Nifty is at 5327, down 33 points. The CNX Midcap index is up 0.3% while the BSE Smallcap index has also gained 0.3% till now. The market breadth is positive with advances at 678 against declines of 670 on the NSE.  
                 

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