makin97 NSETIPS @ RAKESH MAKIN: MARKET ENDED 17.02.2011 THURSDAY

Thursday, February 17, 2011

MARKET ENDED 17.02.2011 THURSDAY

WERE TODAYS GAINERS

MARKET ENDED 17.02.2010 THURSDAY

SENSEX 18506.82 +205.92

NIFTY 5546.45 +64.75

NASDAQ 2822.38 -03.18

S&P 500 1334.18 -02.14

UPDATEDTIME 09.28 PM 17 FEB 2011

Indian markets ended in the green for fifth consecutive day as sentiments turned bullish after the food inflation eased to a two-month low to 11.05 per cent for the week ended February 5 against 13.07 per cent in the previous week.

Bombay Stock Exchange’s Sensex ended at 18506.82, up 205.92 points or 1.13 per cent. The broader index touched a high of 18532.61 and low of 18233.79 intraday.

National Stock Exchange’s Nifty closed at 5546.45, up 64.75 points or 1.18 per cent. The broader index touched a low of 5463.40 and high of 5553 in today’s trade.

Market is witnessing a pull-back rally and Nifty can go upto 5650-5700 levels. Stockwise LIC Housing Finance ,ABG Shipyard and JSW Steel has the potential to move 7-10 per cent higher.

BSE Midcap Index was up 0.91 per cent and BSE Smallcap Index moved 0.94 per cent higher.

Amongst sectoral indices, BSE Capital Goods Index was up 1.93 per cent, BSE Bankex gained 1.50 per cent and BSE Auto Index moved 1 per cent higher. BSE Realty Index was down 0.89 per cent.

HDFC Bank (4.15%), HDFC (3.15%), Bharti Airtel (3.14%), L&T (2.69%) and Tata Steel (2.16%) were amongst the major Sensex gainers.

Wipro (-1.34%), ONGC (-0.61%), Jindal Steel (-0.57%), HUL (-0.56%) and NTPC (-0.44%) were the top losers.

Market breadth was positive on the BSE with 1681 gainers against 1126 losers.