Wednesday, May 20, 2009

Market Report 20th may 2009

After a “forced holiday” yesterday due to two circuit breakers, traders rushed back to the market today. The result: Record combined volumes in the market.Markets reported their highest turnover of 157,891 crore. In the cash segment, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) recorded turnovers of Rs 40, 122 crore and Rs 11,781 crore, respectively. In the futures and options (F&O) segment, the NSE recorded the highest-ever turnover of Rs 105,986 crore.
Indian ADRs: Patni, Satyam dip over 8.5%, Infy down 5.4%.
Asian markets open flat; Hang Seng slips 47pts.
Markets face stiff resistance around 4400 levels and may remain weak..
SIngapore Nifty seen trading at 4270 down by 46.5 points at 9.50 AM IST