The Sensex opened flat at 15,000 on Tuesday and slipped to a low of 14,864 within minutes of the opening bell. The index languished in the red as concerns grew following the Finance Minister's statement that 161 districts are prone to be hit by drought due to lack of rains. However, positive sentiments about the country's GDP growth helped the index to rebound and touch a high of 15,218 - up 354 points from the day's low. The markets witnessed some volatility before close of the day, wherein both the major indices dipped into red only to bounce back into green. The Sensex finally ended at 15,075 - up 65 points. The Nifty crossed the 4,500 mark and touched a high of 4,511. The NSE index finally ended at 4,471 - up 34 points. The market breadth was marginally positive. Out of 2,733 stocks traded 1,356 advanced while 1,282 declined.
No comments:
Post a Comment