Volatility persists; experts see no respite in H1

It turned out to be a mixed start to the markets this week with the frontline indices ending absolutely flat with a positive bias and the broader markets underperforming with the midcap index shedding close to a 1% and small cap index down 1.4%.

January 17, 2011 / 22:54 IST

It turned out to be a mixed start to the markets this week with the frontline indices ending absolutely flat with a positive bias and the broader markets underperforming with the midcap index shedding close to a 1% and small cap index down 1.4%.

However, it was a news heavy day with a lot of individual stocks reacting so from the heavies the entire ADAG pack ended weak with the likes of Reliance Infra, Reliance Capital and Reliance Power shedding 6% to 7% while big boy L&T closed down 1.7% on the back of its numbers.

On the flip side was Axis Bank that closed firm up 2.2% and TCS went into its numbers firm up around 1.5%

first published: Jan 17, 2011 05:04 pm

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