05 May 2011

How to approach market

Things are going from bad to worse on Dalal street. After a quiet first half, the markets went into a free fall mode, plunging through crucial support zones. The Nifty tested the 5,450 mark, before closing marginally above it. The Sensex cracked close to 260 points and closed at 18,210.

The 30-share BSE Sensex dropped 258.78 points or 1.40%, to close at 18,210.58 and the 50-share NSE Nifty closed below the 5500 mark for first time since March 23, down 77.30 points or 1.40% to 5,459.85.

No comments:

Custom Search
Get