Thursday, January 1, 2009

Matket Cheers to New Year 2009.....Nifty closes above 3000; realty, metals surge

Markets ended the first day of 2009 on a positive note amidst strong global cues and on the hopes of a decline in interest rates and the second stimulus package for the economy. Barring 3, all the stocks on the Nifty ended in the green. The Sensex closed higher by around 255 points, while the Nifty closed higher by 50 points. Stocks from the mid-cap and small-cap indices also ended in the positive territory. Rupee closed at 48.43 against the US dollar.

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