IntradayTrade dot Net
Market Report

Thursday, 25-Nov-2010

NSE

  • Markets declined due to last hour sell-off and midcap stocks were heavily beaten in the course. Realty was the worst performer in today's trade, though other sectors also didn't perform well. IT and tech were the only two sectors that closed in the green. The Sensex closed at 19318, down 141 points from its previous close, and Nifty closed at 5799, down 66 points.

  • Speaking to NDTV Profit, Alok Nanavati of Centrum Broking feels that if the Sensex breaches 19000, it can go to 16500-16000 mark. He is averse to take any long position in Mumbai based real estate companies.

  • As long as the market does not go above the Nifty level of 5970, it will remain unstable and volatile, says Mitesh Thacker, technical analyst, on CNBC TV18.

  • Inflation Update: Primary articles inflation for week ended November 13 has come in at 13.38% versus 13.30% (WoW), food articles inflation is at 10.15% versus 10.3% (WoW) and fuel group remains unchanged at 10.57% (WoW), reports NDTV Profit.

NIFTY 3-Month