Markets up on buying support

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Markets up on buying support

This article was posted on May 7, 2009 and is filed under Market News

The Bombay Stock Exchange benchmark Sensex on Friday opened higher by 63 points on sustained buying by funds amid investors covering their pending positions. The 30-share barometer, which had gained 164.19 points in previous day’s trading, rose 63.13 points to 12,180.07 in the first five minutes of trade.

Similarly, the wide-based National Stock Exchange index Nifty rose by 27.35 points to 3,711.25.

Marketmen said buying activity also picked up in fundamentally strong shares, like metal and refinery, which were available at lower levels.

source: Business-Today

Tags: market tips, nse bse trading, nse market, nse markets, stock market

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