How was the Equity Market on June 13, 2013 !!
In Today's session, Nifty opened gap down with loss of 50 odd points, on the back of negative global cues. In the first half of trading session, Nifty tested its important support of 5700 levels & bounced up for 15 to 20 odd points, but could not fill the gap & couldnt sustain that bounce for longer. It broke below & dipped down till 5700 levels, tested its next intraday support of 5680 levels. In the second half of the trading session, Nifty traded range-bound in a tight range of 20 odd points i.e. between 5698-5718 levels & closed in red near 5700 levels. All the sectors ended making losses today. Sectors which decline the most were AUTO, REALITY and PHARMA.
In Today's session, Nifty opened gap down with loss of 50 odd points, on the back of negative global cues. In the first half of trading session, Nifty tested its important support of 5700 levels & bounced up for 15 to 20 odd points, but could not fill the gap & couldnt sustain that bounce for longer. It broke below & dipped down till 5700 levels, tested its next intraday support of 5680 levels. In the second half of the trading session, Nifty traded range-bound in a tight range of 20 odd points i.e. between 5698-5718 levels & closed in red near 5700 levels. All the sectors ended making losses today. Sectors which decline the most were AUTO, REALITY and PHARMA.