Nirmal Bang Securities Pvt. Ltd. - After Market Watch 311209

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Equity Research
The Sensex closed the year 2009 on a new 19-month high and rallied over 80% while the Nifty shut shop above the psychological 5,200 mark for the first time since May 02, 2008. Buying in Oil & gas, power, capital goods, and select auto, banking & technology stocks helped the indices to remain higher. The Sensex closed at 17,465 up 121 points after hitting an intra-day high of 17,530 and the Nifty shut at 5,209 up 39 points after making a high of 5,221. The breadth remained positive. The Jan’10 Nifty future ended with 10 points premium.

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