Japanese pain dulls, Nifty recovers on RIL performance

The 50-share NSE Nifty cut down its losses by more than 100 points and was inching towards the 5500 level at 13:56 hours today after priced in the news of third explosion at Fukushima power plant in north of Tokyo.

March 15, 2011 / 14:19 IST

The 50-share NSE Nifty cut down its losses by more than 100 points and was inching towards the 5500 level at 13:56 hours today after priced in the news of third explosion at Fukushima power plant in north of Tokyo. But investors remained cautious as the risk of further radiation leaks due to blast may rise.

Reliance Industries was the biggest gainer with 2.5% gain on hopes that the company will benefit due to refineries shut down in Japan post the quake.

The short-term demand is set to slump for sure because five of Japan

first published: Mar 15, 2011 02:00 pm

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