The market yesterday closed 134 point above at 19635.72 where it posted its biggest gains of the month, as investors purchased software service exporters and defensive shares.
The market opened on a flat note. The Sensex was up 34.33 points or 0.17% at 19958.11 while the Nifty gained 3.60 points or 0.06% at 6022.95. Incremental damage continued in the midcap stocks.
Experts say, the Nifty will see new lows sooner rather than later. The market is keenly watching the Reserve Bank of India’s policy meet tomorrow.
It has been a good week for the stock market. Market flourished on Monday, , took a couple of days off to consolidate and then yesterday made another move upto 5,550.