It was a mildly choppy week for our market with poor global cues and end of an F&O series. The new 5-week October series opened quiet after the last series clocked in huge volumes. Many experts feel the uptrend is intact but the market has no triggers to take it higher. They feel the results season or global cues could give a decisive direction to our market by mid-October. This week's average figures were: Sensex and Nifty both down 0.3%. BSE Midcap index was up 0.6%, BSE Smallcapindex up 1% over the week. BSE Healthcare index was up 6%, BSE Bankex index and BSE Oil & Gas index both up 1% and BSE Metal index down 3.9% while BSE IT index was down 3%.
Tuesday, September 29, 2009
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