Wednesday, May 9, 2012

Market Update

Nse/Bse/Europe Market Update--
Europe has opened in the red and is trading flat with a negative bias while the Indian market continues to be choppy and weak, dragged down by the rate sensitives.  Sensex is at 16,522.86 (-23.32) points from its previous close, and Nifty is at 4,979.95(-20.00) points. CNX Midcap index is down 0.8% and BSE Smallcap index is down  0.6%. The market breadth is negative with advances at 452 against declines of 933 on the NSE.....
Nifty Index Resistance 5020-5050 and Support 4980-4950.

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