Monday, August 3, 2009

MARKET VIEW 03.08.2009



The NSE Nifty hit new 2009 highs in the late trades on Monday surging past the 4700 mark for the first time since June 6, 2008. The BSE Sensex advanced 254
points or 4.6% at 15,924 after touching a high of 15,963 and a low of 15,608. The index opened at 15,695 against the previous close of 15,670. The NSE ++++++++++++++++++++++++++++++++++++++
Nifty advanced 75 points or 1.6% to shut shop at 4,711. Among the BSE sectoralindices, the Auto index was the top gainer, gaining 4.6%, followed by the Realtyindex that was up 4.1%. The BSE Metal index up 3.4% and the BSE Power indexwas up 2.1%. The BSE Mid-Cap index gained 2.3% and the BSE Small-Cap indexended higher by 1.7%. The market breadth remains fairly positive, out of 2,751shares traded, 1,641 have advanced and 1,032 have declined so far on the BSE

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