Tuesday, December 30, 2008

Closing..Sharp movement upwards on account huge buying activity across the index heavyweights

Despite the indices opening on a firm note, they witnessed significant volatility till noon. Thereafter, intense buying activity led the indices to surge upwards. The Sensex closed higher by around 180 points, while the Nifty closed higher by around 45 points. Stocks from the mid-cap and small-cap indices also ended in the positive territory. Stocks from the realty and auto sectors led the pack of gainers today. Rupee closed at 48.42 against the US dollar. While Asian markets closed in the positive, the European indices are currently trading firm..


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