Friday, August 28, 2009
Nifty Index closed 0.9% up braking the crucial resistance of 4700..

Market in a nutshell

  • The Nifty finally broke the crucial resistance of 4700 in today’s trading session after testing it thrice through the day.
  • The Nifty Index closed ~0.9% up, with Industrials gaining ~1.7% during the session. Real Estate counters like DLF (up 5.3%) and Unitech (up 5.6%) were the biggest movers today, while IT counters like HCL (down 2%), Patni (down 1.8%) and Mphasis (down 1.7%) continued their cool off for the second day
  • The Nifty ATM Implied volatility fell further and was trading around 31% by the end of the session
  • Cash markets (NSE) witnessed INR 183,600mn worth of trading, while the NSE F&O segment saw trading worth INR 601,090mn

 Market News

  • Crude Oil was trading at ~USD 72.5per barrel

 Indices performance 

INDEX

CURRENT

PREV.

%CHANGE

S&P CNX NIFTY

  4,732.35

  4,688.20

0.94%

CNX NIFTY JUNIOR

  8,551.25

  8,475.55

0.89%

CNX IT

  4,721.15

  4,753.00

-0.67%

BANK NIFTY

  7,482.40

  7,385.65

1.31%

CNX 100

  4,586.85

  4,544.35

0.94%

S&P CNX DEFTY

  3,362.00

  3,319.95

1.27%

S&P CNX 500

  3,864.40

  3,831.90

0.85%

CNX MIDCAP

  6,112.80

  6,062.45

0.83%

NIFTY MIDCAP 50

  2,330.60

  2,314.75

0.68%

   Top Gainers

Symbol

Open

High

Low

LTP

Prev. Close

% Change

UNITECH

94.40

99.65

93.25

99.10

93.85

5.59

DLF

393.10

415.00

390.00

413.15

392.15

5.36

BHARTIARTL

418.00

439.25

412.60

435.20

416.50

4.49

RELCAPITAL

828.00

877.90

828.00

872.45

836.20

4.34

CAIRN

255.50

261.25

255.00

260.10

252.10

3.17

 Top Losers

Symbol

Open Price

High Price

Low Price

LTP

Prev Close

% Change

HCLTECH

310.00

315.00

304.00

306.00

312.90

-2.21

ITC

240.50

241.00

234.00

236.60

239.90

-1.38

TATAPOWER

1350.00

1358.80

1315.10

1342.85

1360.65

-1.31

TCS

545.75

550.00

531.10

540.80

547.75

-1.27

RANBAXY

340.40

342.00

331.55

334.35

338.55

-1.24