Friday, 27 July 2012

Nifty Outlook for Monday

Sensex ends 200 pts up; metals, FMCG, IT gain
The Sensex ended on a firm note above 16,800 levels after paring some of its intraday gains due to lack of supportive cues from European peers. Metals, FMCG and technology sectors ended higher while realty, capital goods and pharmaceuticals closed in the red.

The 30-share BSE index closed at 16,854.46, up 214.64 points or 1.29 per cent. It touched a high of 16,975.03 and a low of 16,760.72 today.

The Nifty ended at 5,108.45, up 65.45 points or 1.30 per cent. The broader 50-share NSE index touched a high of 5,149.95 and a low of 5,077.50 today.

The BSE Midcap Index fell 0.83 per cent and the BSE Small cap Index moved 0.98 per cent lower.

Among sectoral indices, the BSE Metal Index was up 2.23 per cent, the BSE FMCG Index gained 1.42 per cent and the BSE IT Index moved 1.38 per cent higher. The BSE Realty Index was down 0.56 per cent and the BSE Capital Goods Index slipped 0.45 per cent.

Support:      5087   5058
Resistance:  5145   5164