It was another highly volatile day for the Indian equity market. In the morning with the Asian markets trading on a flat note, Indian
markets also witnessed a relatively weak opening. It witnessed some amount of damage recovery in initial hours but then some selling pressure at higher levels resulted in market tumbling to lower levels. But some value buying resulted in sharp bounce back. As a result Sensex closed in green at 15935.61 (Up 19 points) Nifty closed at 4760.40 (up 3 points). Positive opening of the European markets also made some impact on the Indian markets. As regards the other indices, Midcap and small cap indices closed in red. Further the metals and automobile witnessed some downward move. Market breadth was marginally negative with 1444 declines as against 1329 advances.
Related posts:
