Monday, July 18, 2011



Today market came under selling pressure due to weak global market.
CNX Midcap index was up 0.27% while BSE smallcap index  also gained 0.37%.The Sensex fell 55 points to close at 18507 and the Nifty settled 14 points lower at 5567. Today Nifty Made a high of 5,609.00  and low of 5,560.10 .

The Indian indices bystander volatility on the first day of the week and closed the trade in the negative ground. Possibility of US debt default and endless European debt crisis dampened the mood of investors as well as traders globally.
Technology, auto and healthcare stocks directed the cry off. The key indices ended in red for the second day in a row.

Today’s Nifty Top gainer were  :

 HINDALCO with volume and changes 73,37123 and 3.60%,
GAIL with volume and changes 7,76,378 and 1.98 %
BHEL with volume and changes 8,03,125 and 2.65 % respectively

Today’s Nifty Top losers were :

CIPLA with volume and changes 32,85,46 and 2.16%
RCOM with volume and changes 36,61577 and 2.14%
TCS with volume and changes 15,62604 and 2.01%

Tomorrow market will be on selling pressure as the data around the world came weak and US economy highly under pressure this week. But in long run it is still uptrend. Nifty Spot level will manage between 5490 and 5630


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