Thursday, February 17, 2011

The NSE-ASI closed at 26,684.49-.0.3% (-2.2%in the previous week) with a cumulative volume of 1.31 billion shares [7-11 Feb, 2011]

Another choppy week leaves the NSE-ASI essentially flat. Volume for the week remained below 2 billion, following last week’s trend. The choppy nature seems to confirm last week’s observation that 26,000 maybe a consolidation point, at least till the end of the first quarter.
The NSE-ASI closed at 26,684.49-.0.3% (-2.2%in the previous week). Volume for the week was a cumulative 1.31 billion shares (1.76 billion shares in the previous week).
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