Wednesday, February 4, 2009

>Market Review (MARWADI FINANCIAL)

Key Events of the day

# Yesterday’s trading session remained volatile, with markets making new intraday lows and high. Domestic markets gave a strong opening on back
of positive Asian markets. Though the gain was short lived and markets
plunged to make intraday low, only to recover smartly and made intraday
high thereafter. In the last one hour markets gave up all its gain on back of
negative Dow Jones future and negative European markets. At the end of
the day markets close 82 points plus on Sensex and 17 points plus on Nifty.

# Sector wise, Realty again was a spoil sport and plunged 6.64%, Consumer
Durables dropped 1.96%, while Oil & Gas rose 2.47% and FMCG was up
1.80%

# The Sensex ended the day with a gain of 82 points and closed at 9149 the
broad-based NSE Nifty gained 17 points, and ended the day at 2783.9.
Whereas the BSE Midcap and Smallcap ended the day down by 0.29% and
0.17% respectively. Market breadth at 1060: 1220 remained negative in spite
of markets closing positive.

To see full report: Market Review 3-02-2009

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