Monday, January 19, 2009

Market Close: Sensex ends lower; Yet another stimulus package in cards...

The indices hovered around the dotted line amidst high volatility throughout the day. While persistent buying activity led the indices to rise into the green zone during the second half of today’s session, the indices ended the day on a flat note. The Sensex closed higher by around 6 points, while the Nifty closed higher by almost 18 points. Stocks from the mid-cap and small-cap indices also ended in the green. Stocks from the metal, realty and energy space managed to garner the investors’ interests today, while stocks from the banking and software space bore the brunt of profit booking. Rupee closed at 48.6 against the US dollar. The Asian markets ended on a positive note today. The European indices are currently trading in the green as well.


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