Monday, January 5, 2009

Closing Market: Stimulate package inspires investors to cheer, Nifty ends above 3100 as metals, oil&gas surge

Fiscal stimulus announced last Friday evening boosted the market sentiments throughout the trading session. Buying activity intensified towards the end as indices closed well above the dotted line. The Sensex closed higher by around 340 points, while the Nifty closed higher by 80 points. Stocks from the Mid-cap and Small-cap indices also ended in the positive territory.


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