equityresearch
Equity Research
The Sensex closed at 17,051 down 423 points after hitting a low of 17,025. The Nifty shut at 5,094 down 127 points or 2.4% after making a low 5,086. Among the broader indices - the BSE Midcap Index was down 2.4% and Smallcap down 2.5%. Huge sell-off was seen in capital goods, power and banking stocks. The breadth was very negative and the markets reported highest turnover for the year 2010, at Rs 1,35,178 cr. All the BSE sectoral indices ended in red. The Jan nifty future ended with 10 point discount.
http://www.nirmalbang.com/Upload/Morning_Call_220110.pdf
http://www.nirmalbang.com/Upload/Morning_Call_220110.pdf