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Market pullbacks, but experts still maintain bearish tone

The Indian markets demonstrated some much needed resilience by clocking a smart pullback in the face of global weakness. However, experts still maintain a bearish tone; say investors’ mood is still pessimistic.

June 23, 2011 / 22:52 IST
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The Indian markets demonstrated some much needed resilience by clocking a smart pullback in the face of global weakness.

The Nifty climbed back above the 5,300 mark and closed with gains of just over 40 points. The Sensex too gained just over 1% to close at 17,727.

Also read: Sensex eyes EGoM meet, closes 177 pts up on short covering

However, experts still maintain a bearish tone; say investors

first published: Jun 23, 2011 04:38 pm

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