Mkt parties on Rs 16K-cr FII money; banks, metals up 27% in 5 weeks
Published on Wed, May 30, 2012 at 00:00 |  Source :

NIFTY ENDS ABOVE 5300; RUPEE AT 48.69/USD


>Market closes week with a flourish. A late burst of buying powers the Nifty above 5,300 mark
>The rupee too rallies, making a fresh 3-month high below the 49-mark
>Banks led rally post clarification on PSU banks' exposure to telecom sector by banking secretary DK Mittal
>Market maintains upmove for 5th consecutive week on huge inflow of foreign money
>Experts believe the rally will continue further...


Let see how the day panned out...

  

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