Market today

Today market is open on high note sensex and nifty zooming but still lower confidence in market cant support at highher level and profit booking at higher levels seen,afternoon announcement of inflation downward cant make some positive action in market and market close at positively.

Bse sensex open 16700 and nifty open around 5000 mark and at the end of session sensex close at 16483 gain of 360 point where nifty close around 4957 level.

Major gainers are ICICI Bank ,Hindalco Indus, steel Authority, Pantaloon Retail
Sterlite Indus,Tata Motors Ltd gained almost 6% each and looser today are
Idea Cellular Ltd,Bhel ltd, MphasiS Ltd, Asian Paints Ltd,IndiabullsFinService.

Market today

Market looking to open with negative bias again lack of buying support by investor still waiting and selective buying ,yesterday as i written here selling still continue in buying so no need to panic buying in market now ,retail stocks down panic due to protest against FDI approval cabinet,sugar stock also plunge on news of heavy crop production in Thailand ,metals and reality stock join downtrend continuously .

Bse index down 160 points and nifty down almost 50 point close around 5815 .