End of Day Summary

Hi,

Today the stock markets closed at its all time high. The indicies rallied hard on the back of ONGC and Reliance, the two heavyweights. The nifty closed at 3791.20 with a gain of 24.15 points and BSE sensex ended at 13091 with a gain of 58 points. Eventhough the sensex gained 105 points in the intraday trade it closed with a gain of 58 points on some profit taking by the day traders towards the end. The outlook for tomorrow is flattish to bearish. The European and the US markets trading weak might influence our markets to open weak.

Recommendations for 03Nov06 will be provided before markets open tomorrow. Keep reading.