Wednesday, February 2, 2011

For 9 trading sessions, the NSE-ASI has remained above 27,000 [24-28 Jan, 2011]

This week the market confirmed its current infatuation with 27,000. For 9 trading sessions the NSE-ASI has remained above 27,000 without an apparent interest in breaching it either at the high or low end. The NSE-ASI closed at 27,356.59 -.012% (+1.5%in the previous week). 
Volume dipped slightly to 2.62 billion shares (2.67 billion shares in the previous week), however maintaining the breadth seen since the beginning of the year.

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