Nifty ends 19 pts down; ONGC, Tata Motors lag

It was a boring session for the Indian equity benchmarks on Friday. Indices traded with moderate loss amid a narrow range of 5,565-5,595, after a initial spike.

July 15, 2011 / 16:42 IST

It was a boring session for the Indian equity benchmarks on Friday. Indices traded with moderate loss amid a narrow range of 5,565-5,595, after a initial spike. It seemed that market could be waiting for some more earnings, RBI policy in last week of July, clarity on European debt crisis etc for getting direction on either side.

The 30-share BSE Sensex fell 56.28 points, to close at 18,561.92 and the 50-share NSE Nifty dropped 18.7 points, to settle at 5,581.10. Even the global markets were in a consolidation mode.

The market is in the range of somewhere around 5,470 to 5,650-5,700 levels," Deven Choksey, managing director of KR Choksey Securities said.

"Unless and until we decisively cross above 5,750 I don

first published: Jul 15, 2011 03:50 pm

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