equityresearch
Equity Research
Market Analysis
Markets ended flat amidst concerns about rainfall deficit & drought
being declared across various villages of the country. The market
was highly volatile during the month with global positives being
weighed down by the monsoon concerns. Sensex ended almost flat
down 0.02% & Nifty gaining a meager 0.55%. The selling pressure
from the FIIs to the tune of Rs.3767 crs was fully absorbed by the
Domestic Institutions who were buyers to the tune of Rs.4985 crs.
Midcaps & Small caps however outperformed the benchmark
indices gaining 5.6% & 12.75% respectively.
http://www.nirmalbang.com/Upload/September 2009-Monthly Report.pdf
Markets ended flat amidst concerns about rainfall deficit & drought
being declared across various villages of the country. The market
was highly volatile during the month with global positives being
weighed down by the monsoon concerns. Sensex ended almost flat
down 0.02% & Nifty gaining a meager 0.55%. The selling pressure
from the FIIs to the tune of Rs.3767 crs was fully absorbed by the
Domestic Institutions who were buyers to the tune of Rs.4985 crs.
Midcaps & Small caps however outperformed the benchmark
indices gaining 5.6% & 12.75% respectively.
http://www.nirmalbang.com/Upload/September 2009-Monthly Report.pdf