equityresearch
Equity Research
The sell-off continued for the third trading session, ahead of the Oct F&O expiry. Weak global cues weighed on the markets for the second day. Nifty slipped and closed below the 50-DMA of 4,850 after a long period of time. The Sensex ended lower by 70 points after a volatile session at 16,283 after trading between 16,411 and 16,144. On the NSE, Nifty ended 20 points lower at 4,826, after slipping below 4,800 in early trade. Banking, auto and power stocks led the decline however buying was seen in select reality, pharma and IT stocks. The breadth remained negative and the total traded turnover was at Rs 1.30 cr. as against Rs 1.47 lakh cr. The Oct nifty future ended with 6 points premium and the Nov nifty future ended with 14 points premium.
http://www.nirmalbang.com/Upload/After_Market_281009.pdf
http://www.nirmalbang.com/Upload/After_Market_281009.pdf