Wednesday, July 20, 2011



CNX Midcap index was down about 1.27%% while BSE smallcap index also lost 0.36%. The Indian equities ended near the day’s low, with the Nifty closing below 5600. The BSE Sensex finished 150 points lower after opening near the day’s high. Today Nifty Made a high of 5,645.40 and low of 5,555.10.

Despite the positive global market, The Nifty was unable to profit from the jumpstart as investors digested a wave of disappointing quarterly earnings. Excepting IRB Infra and Petro net LNG, most other companies announcing their results declined today.

Today’s Nifty Top gainer were  :

DLF with volume and changes 1, 42,74,187 and 1.31%,
ITC with volume and changes 84, 09,884 and 0.69%
HUL with volume and changes 19,74,487 and 0.56% respectively

Today’s Nifty Top losers were :

WIPRO with volume and changes 46,90,625 and 4.14%
HINDALCO with volume and changes 43,03328 and 3.41%
RANBAXY  with volume and changes  4,22,704 and 2.59%

buying can be seen in the first half of the session as the positive global market's impact has not been discounted yet. Investor may book the profit which may further drag the market upside. but still  quarter results would be watched carefully. Tomorrow market is expected to be down ward
Nifty Spot level will manage between 5485 and 5650


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