Nirmal Bang Securities Pvt. Ltd. - After Market Watch 110909

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The Sensex advanced 47 points to finish at 16,264 after trading in narrow range of 16,337 and 16,130. The Nifty added 10 points to end at 4,829. Buying was witnessed in banking, IT and healthcare stocks. The market breadth was negative for the second trading sessions and the total traded turnover was lower at Rs 84,413 cr. as against Rs 1,01,849 cr. The Sept Nifty future ended with 18 points premium at 4847. For the week, the Sensex jumped 3.7 % and Nifty jumped 3.2% this week. For the week the oil & gas index were up 5.6% and banking, metals were up 5% each.
The Index of Industrial Production (IIP) number for the month of July has come in at 6.8% versus 8.2% month-on-month and 6.4% year-on-year basis.

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