Thursday, February 17, 2011

MArket Trend for 17th feb

Sustained buying activity across the board helped the benchmarks to close near psychological resistance levels. The upmove was triggered 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.

National Stock Exchange’s Nifty closed at 5548.65, up 66.95 points or 1.22 per cent. The broader index touched a low of 5463.40 and high of 5553 in today’s trade.

Bombay Stock Exchange’s Sensex ended at 18506.94, up 206.04 points or 1.13 per cent. The broader index touched a high of 18532.61 and low of 18233.79 intraday.

BSE Midcap Index was up 0.84 per cent and BSE Smallcap Index moved 0.92 per cent higher.

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