equityresearch
Equity Research
The Sensex erased earlier losses and ended higher on short-covering witnessed in the last hour of trade due to Sept expiry. The Sensex closed 62 points higher at 16,781, recovering from the day’s low of 16,494. Buying was seen in banking, reality and select IT stocks while auto and metal stocks were under pressure. The breadth was mix and the markets closed with one of the highest turnover in 2009 at Rs 1,43,881 cr. on settlement day. The Oct Nifty future ended at 5,002 with 15 point premium. In the September series, the markets touched a new 2009 high of 16,943 and 5,036 respectively. Both equity benchmarks closed with 6.3% gain led by banks, autos and metals.
http://www.nirmalbang.com/Upload/After_Market_240909.pdf
http://www.nirmalbang.com/Upload/After_Market_240909.pdf