22 June 2011

Sensex see-saws


Equity benchmarks were lacklustre in trade today after seeing a jump in early trade. However, the broader indices were witnessing some selling pressure, with falling half a percent. Even the market breadth was in favour of declines - two shares declined for every one share advancing.
European as well as select Asian markets too were quiet in trade while only Nikkei outperformed other markets, with gaining nearly 2%.
The 30-share BSE Sensex was trading at 17,556, down 4 points while the 50-share NSE Nifty gained just 6 points at 5,282.

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