Nirmal Bang Securities Pvt. Ltd. - After Market Watch 291009

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Equity Research
The market continued its downtrend for the fourth consecutive day. The 30-share BSE Sensex touched a day's low of 15,993.83, before closing at 16,052.72, down 230.77 points or 1.42%. The 50-share NSE Nifty shut shop at 4750.55, down 1.57% or 75.60 points, after seeing day's low of 4738.40. These indices tumbled 4.51% and 4.93% in four days while declined 4.34% and 4.73% in October series, respectively. The Nifty November future ended with 28.45 points premium, as per provisional data. The Nifty witnessed huge selling pressure on the expiry day and closed the session below the 4,750 level on huge turnover.

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