Nifty ends below 6100; Bank, Realty, Auto indices dip 2%

Equity benchmarks saw a profit taking on Wednesday on the back of sell-off in financial, auto, metal, realty, telecom and capital goods companies' shares. The benchmark Nifty slipped below 6100-mark in second half of trade, especially after a fall in global markets.

January 05, 2011 / 17:02 IST

Equity benchmarks saw a profit taking on Wednesday on the back of sell-off in financial, auto, metal, realty, telecom and capital goods companies' shares. The benchmark Nifty slipped below 6100-mark in second half of trade, especially after a fall in global markets.

Experts feel that markets are riding low and all eyes are on the third quarter earnings that will kick-start next week. Sandeep J Shah of Sampriti Capital said that the upside maybe 6,200-6,400 but it will not ride away at that level. He is also concerned on the foreign institutional investor (FII) inflows to India.

first published: Jan 5, 2011 03:51 pm

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