Sensex closes 387 points down, Nifty holds 5200

Visible recovery in the last hours before equity indices closed for the day (and week) may have rekindled hopes of several bruised investors and traders. The Nifty, which was at a 52-week low, managed to end the day at 5,211, down 120.55 points, led by bottom fishing and technical pullback.

August 05, 2011 / 17:11 IST

Visible recovery in the last hours before equity indices closed for the day (and week) may have rekindled hopes of several bruised investors and traders. The Nifty, which was at a 52-week low, managed to end the day at 5,211, down 120.55 points, led by bottom fishing and technical pullback.

Benchmark BSE Sensex fell over 700 points in intra-day trade on the back of sell-off across the globe on fears that the US may get back into recession again. Major US indices

first published: Aug 5, 2011 03:41 pm

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