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Q.

Is the sensex more or less settled at 15000 levels?

Asked by Good Citizen, 27 Aug '09 11:09 am
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Answers (2)

 
1.

Yes it has a major support at these levels. Stocks rose across the globe led by a near 5% rally in China\'s Shanghai Composite index. Closer home, auto, metal, and banking sector stocks hogged limelight. All sectoral indices on BSE logged gains. Adani Power settled at Rs 100.05 on BSE, a marginal premium to its the initial public offer (IPO) price of Rs 100 per share. Index heavyweight L&T came sharply off the higher level in late trade soon after global rating agency Moody\'s cut its rating outlook on the stock from stable to negative. Intraday volatility on the bourses was high today, 20 August 2009. The BSE Sensex today regained the psychological 15,000 mark as the market surged in early trade on firm global stocks. After an initial surge, the market cooled off a bit in morning trade. It firmed up again later. The market witnessed alternate bouts of rallies and profit taking after the barometer index surged to the day\'s high in mid-morning trade. The Sensex stru ...more
Answered by dharamender nebhnani, 04 Sep '09 08:28 pm

 
  
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2.

Yes, it stablises around these levels for moving upwards
Answered by sudesh, 27 Aug '09 11:16 am

 
  
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