Indian markets ended nearly unchanged after a choppy session on
Thursday as investors and traders were reluctant to take more
bets after strong two-day rally. Even global markets were a little
subdued despite the Dow Jones Industrial Average crossing the
10,000 mark after a year. On the commodity side, Gold prices also
lost some shine; the precious metal lost nearly 2%. Coming back to
equities, the good thing is that the NSE Nifty index has managed to
close above the 5100 mark for the second day in a row.
The Metals, Power and the Banking stocks were among the major gainers. On the other hand, major laggards were Telecom and the IT stocks. Finally, the BSE Sensex fell 36 points at 17,195 after touching a high of 17,350 and a low of 17,092. The index opened at 17,274 against the previous close of 17,231. The NSE Nifty was down 9 points to shut shop at 5,108. The market breadth is marginally positive, out of 2,836 shares traded, 1,401 advanced and 1,357 declined on the BSE.
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