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    HomeNewsBusinessMarketsNifty in narrow range; oil & gas, TECk slip

    Nifty in narrow range; oil & gas, TECk slip

    The benchmark Nifty was consolidating in a narrow range of 5200-5250 at 10:39 hours, after a sharp cut seen since previous two weeks. The index shed more than 500 points in last two weeks. However, the broader indices managed to claw back with modest gain.

    February 11, 2011 / 11:39 IST

    The benchmark Nifty was consolidating in a narrow range of 5200-5250 at 10:39 hours, after a sharp cut seen since previous two weeks. The index shed more than 500 points in last two weeks. However, the broader indices managed to claw back with modest gain.

    Deven Choksey, managing director of KR Choksey Shares & Securities said the markets may be headed to a state of capitulation. However, he added that in this kind of a market one should look forward to more opportunities on the buying side.

    first published: Feb 11, 2011 10:43 am

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