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Markets trade firm

This article was posted on Jun 3, 2011 and is filed under Market News

The markets are trading firm after a quiet opening with the Sensex gaining 136 points at 18,632 and the Nifty crossed the resistance level of 5,600 briefly but is currently trading at 5,593 up 42 points.

The markets have opened in the positive with the Sensex gaining 60 points at 18,554 and the Nifty has added 15 points to start at 5,565. However, the broader markets had a slow start with the smallcap index opening at 8,248, up 0.4% and the midcap index starting at 6,918 with a 0.6%. The BSE benchmark index, Sensexwhich is up 0.7% is outperforming the broader markets in the opening trades.

All the sectoral indices started in the green. Realty and Consumer Durables, up 1% each are indices leading the gains closely followed by Capital Goods and Power. However, yesterday’s top index gainer FMCG started flat. For more visit: Business-Standard

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