HomeNewsBusinessMarketsQuite close to market, only stock-specific movement noted

Quite close to market, only stock-specific movement noted

From early on this morning, it appeared that the market would be range bound. At no point did it show extraordinary strength or weakness. It is perhaps waiting for election results on Tuesday to make a more decisive move, says Udayan Mukherjee, managing editor, CNBC-TV18.

March 02, 2012 / 20:46 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

From early on this morning, it appeared that the market would be range bound. At no point did it show extraordinary strength or weakness. It is perhaps waiting for election results on Tuesday to make a more decisive move.


But stock-specific, we did see some action today. ONGC was weak after the auction disappointment yesterday, especially after the news that LIC had to buy most of the shares in the auction.
DLF continued to slide. It
first published: Mar 2, 2012 07:17 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!