Friday, November 30, 2007

Positive global cues and good Indian economic figures kicked off the December series on a strong footing. The Sensex closed at 19363, up 359 points while Nifty closed at 5762, up 128 points from the previous close. The BSE Midcaps Index was up 2.2% and BSE Smallcaps Index up 1.3% and all the other sectoral indices were also in the positive with big gains. The market breadth closed positive with advances at 815 against declines of 378 on the NSE.

The market saw some volatility and consolidation during the week. The weekly figures are: Sensex and Nifty up 2.5%, BSE Midcaps up 4.8%, BSE Smallcaps up 3.4%, BSE Realty up 8%, BSE Bankex up 4.6%, BSE Metals up 7%, BSE Capital Goods and BSE IT both up 5% and BSE Auto Index up 4%

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