Monday, 5 May 2014

Sensex snaps 5-day fall, recovers 41 points on value buying

Snapping its five-day falling trend, the BSE Sensex today recovered over 41 points helped by gains in bluechips like RIL, ITC and Larsen & Toubro.
Snapping its five-day falling trend, the BSE benchmark index Sensex today recovered over 41 points helped by gains in bluechips like RIL, ITC and Larsen & Toubro on value buying by funds and retail investors.

After a lower start, the 30-share index bounced back to touch intra-day high of 22,592.03 before settling at 22,445.12, a moderate rise of 41.23 points, or 0.18 per cent.

The index touched the session's low of 22,354.45. The gauge had lost 472.65 points in the past five sessions.

Similarly, the broad-based Nifty of the National Stock Exchange ended 4.55 points, or 0.07 per cent higher at 6,699.35. It touched a high of 6,741.05 and a low of 6,680.45.

"The market has become volatile as participants prefer to book profits at every rise," said Manoj Choraria, a Delhi-based broker...


From indiatimes News

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