The last week, Nifty ended flat at 5,252 also Sensex manged to close flat at 17,554. The Sensex made a high of 17,777, and a low of 17,276 over the week. India’s inflation stood at 7.31% for December 2009 as compared to 4.78% for the previous month. This could add pressure on the RBI t…
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Sensex stages a V-Shaped recovery
Posted on: June 4th 2009 in Market News.
At 12:23pm (IST), Sensex was down 124 points at 14,746 and Nifty was down 38 points at 4,492. Markets continue to remain under pressure however, have managed to stage a V-shaped recovery in the afternoon trades. The recovery is led by the FMCG, Pharma and the PSU stocks. While, the Metal…
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