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Over 500 points rally on Sensex leaves experts perplexed

What a day a it turned out to be! The market closed the topsy-turvy week with a blockbuster rally. The Sensex closed 513 points higher at 18,240. Today’s rally has left experts perplexed. Some say the pullback was expected, but the quantum was surprising. While one of the market veterans says that the good news will only be short-lived.

June 26, 2011 / 11:48 IST
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What a day a it turned out to be! The market closed the topsy-turvy week with a blockbuster rally. Positive global cues, dip in crude and the much awaited EGoM meeting on fuel prices were some of the major triggers for the market.

The Nifty closed 151 points higher at 5,471. The Sensex too closed 513 points higher at 18,240. Also read: Sensex closes 513 pts up on oil news Today
TAGS: #Amisha Vora #Amit Dalal #Anand Tandon #chartpundit.com #HDFC Life #Hemen Kapadia #JRG Securities #Julius Baer #Mark Matthews #Market #Market Edge #Nifty #Prabhudas Lilladher #Prasun Gajri #Sensex #Tata Investment Corporation
first published: Jun 24, 2011 04:41 pm

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