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    HomeNewsBusinessMarketsNifty hovers around 5800; ONGC, SBI, ICICI Bk, NTPC up

    Nifty hovers around 5800; ONGC, SBI, ICICI Bk, NTPC up

    At 13:14 hours IST - the benchmark Nifty was trying very hard to hold 5800 level on the back of support from financial, capital goods, metal (barring SAIL), power, cement, FMCG and telecom companies' shares along with ONGC.

    January 11, 2011 / 13:36 IST

    At 13:14 hours IST - the benchmark Nifty was trying very hard to hold 5800 level on the back of support from financial, capital goods, metal (barring SAIL), power, cement, FMCG and telecom companies' shares along with ONGC. The index was trading in green after a sell-off in previous five sessions.


    However, the sell-off in TCS, Infosys, Reliance Industries, SAIL, Tata Motors, Maruti, DLF, IDFC and Ranbaxy Labs was limiting the gains as well as aiding to volatility.

    With trading experts talking of 6000-6050 as being the boundary of the Nifty's pullback, Technical Analyst Mitesh Thacker
    first published: Jan 11, 2011 01:22 pm

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