MARKET SUMMARY
Key benchmark index bounce-back sharply on the first day of the July expiry. After open higher the index exhibited sideways movement till noon. The market extended gains after afternoon trade and ended near the days high. Rising global markets, budget expectations and hopes of improvement in monsoon rains by the first or second week of July helped the Indian market bounce back sharply. Finally the Sensex ended the day with a gain of 419.02 points, or 2.92% at 14,764.64 and Nifty climbed 133.65 points, or 3.15% at 4,375.50. Nifty has become a free-float market capitalisation based index from today. As per reports, rollover of Nifty positions from June 2009 series to July 2009 series stood at 55% as compared to 63% in the previous series. Also stock futures rollover slipped to 75% from 77% in the last series.
For more details visit http://16anna.com/market.asp
No comments:
Post a Comment