Nirmal Bang Securities Pvt. Ltd. - Morning Call - 161009

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equityresearch

Equity Research
Markets*ended*flat*after*two*days*of*strong*up‐move.*The*Sensex*ended*35*points*lower*at*17,195*after*trading*between*17,092*and*17,350.*The*Nifty*ended*9*points*lower*at*5,108*after*seeing*an*intraday*range*of*5,077*–*5,152.*The*broader*indices*outperformed*the*benchmark*indices*‐*the*BSE*Midcap*Index*was*up*0.55%*and*Smallcap*up*0.87%.*Buying*was*seen*in*metal*and*banking*stocks*while*selling*pressure*was*seen*in*technology*and*pharma*stocks.*The*market*breadth*was*mixed*and*the*total*traded*turnover*was*at*Rs*98,106*cr.*versus*Rs*93,128*cr.*

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