Kindly find SPA's Morning Glance dt. November 19 , 2010. To view the full report, please Click-Here

The markets closed on positive note on Thursday. However, the overall market breadth was negative, around 61.3% of shares declined on BSE and 69.2% of shares declined on NSE. Out of the total 3,085 shares traded at BSE, 1,052 advanced, 1,893 declined, while 140 remained unchanged. Indian markets bounced back on Thursday snapping earlier losses. The Sensex ended with modest gains after an awfully choppy trading session. Midcap and Smallcap index underperformed significantly. Metal and auto stocks gained ground, while banking and consumer durable dropped the most. After a firm start, the Sensex witnessed a sharp fall in the early trade on the back of aggressive selling pressure seen across all counters. However, it made a smart recovery amid volatility in the afternoon trade.  Finally, it closed in the positive terrain after touching a high of 20,056.44.  India's primary article inflation for the week ended November stood at 13.3% versus 14.87% for the previous week. Food inflation index rose by 10.3% as against 12.3% while the fuel inflation stood at 10.57% versus 10.67%.

Volumes on BSE and NSE both rose on Thursday. BSE amounted to Rs 53.1 billion and NSE amounted to Rs 196.8 billion.  At the close, the benchmark 30-share index, BSE Sensex gained 65.50 points or 0.33% at 19,930.64 with 19 components registering rise. Meanwhile, the broad based NSE Nifty climbed by 10.10 points or 0.17% at 5,998.80 with 29 components posting rise.

What's inside?                                                                  

1)      Market Snapshot (including Indian Indices, FIIs & MF Activity, Derivatives segment etc.).

2)      Global Market Indices Data (at 7.45 am today).

3)      Major Sensex Gainers & losers.

4)      Today's major Corporate Actions.

5)      Corporate News Snippets.

6)      Commodity Update.      

7)      Major NSE & BSE Bulk Deals.

We hope you find the report of interest and relevance.