Wednesday, October 3, 2012

Market Update


Inspite of the SGX NIFTY trading 30 points lower in the morning, the bellwether here started the day on positive note, up 15 points at the opening bell. All through the day, the Nifty traded in the tight band of 5,745-5,760 amidst high volatility. Buying in metal stocks, Reliance Industries and Pharmaceutical stocks was off settled by selling in select fast-moving consumer goods, banking and Anil Dhirubhai Ambani Group group stocks. However, the momentum buying in State Bank of India, Coal India and other heavy weights in the last hour has finally helped the market to wrap the session at day’s high at 5,772(future).


RAZI ANWAR
PGDM 2nd year

No comments:

Post a Comment