Post Market Update

Index opened on the buoyant note due to positive cues from the global markets. Choppiness among the index majors lead to range bound movement in the first half of the session but
the later half was completely devoted to northward movement. Banking & reality counter were the major gainer in today’s trade. Meanwhile, selective midcap stocks have also performed well especially in Media & textile arena with market breadth strongly on the positive side. Technically, we expect that index will continue to move with upside biased tomorrow
as well but volatility will be there due to expiry.

The BSE Sensex closed higher by 520.41 points or 3.83% at 14,109.64 and NSE Nifty ended with gains of 159.35 points at 4,276.05. BSE Mid Caps and Small Caps closed with gains of 173.28 and 189.08 points at 4,897.37 and 5,797.74. The BSE Sensex touched intraday high of 14,122.78 and intraday low of 13,780.41. Among the Sensex pack 27 stocks ended in green territory and 3 in red. The market breadth indicating the overall health of the market remained firm as 2,346
stocks closed in positive while 459 stocks closed in negative and 36 stocks remained unchanged in BSE.The S&P CNX Nifty was down by 159.35 points or 3.87% to 4276.05. The NSE turnover was down Rs.20633.30 from last trading session’s Rs. 19358.86 crore.