Positive close seen to 2007 on bourses (The Economic Times 31st Dec 2007) Indian equities are seen closing on a positive note on the last day of the year, despite mixed cues from overseas. The indices are seen opening higher tracking Asian peers, but volumes are seen low on account of New Year’s Eve. “The Sensex has an immediate support around 19700-19800 and buying will emerge from those levels. We see the Sensex hitting 21000-21250 by next month” said Sandeep Wagle, chief technical analyst with Angel Broking. More
Sensex today closed 691.55 point up at 19854.12 , Nifty was up 218 points at 5985.10. It is the 6th bigeest gain in oneday. Today's main contributors are IT stocks. Wipro was up at 535.30 (+8.86%), Infosys up at 1810.90(+6.63%) and Satyam closed at 454.55 up by 6.28%. The buying activity was wide-base and lifted almost all the sectoral indices. Sector wise performance was as follows - BSE IT 4581.61 (+260.98) BSE Healthcare 4294.83(+52.30) BSE FMCG2218.74(+20.29) BANKEX 11101.74 (+363.15) BSE Auto5586.83(+45.57) BSE TECk3961.96 (+185.00) BSE PSU 9830.01 (+317.11) Today BSE Midcap closed at 9211.71 up by 186.17 and BSE Smallcap index closed at 11980.57 up by 167.25 points.
Comments