English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessMarketsNifty ends with moderate gains; Ranbaxy surges 6%

    Nifty ends with moderate gains; Ranbaxy surges 6%

    Indian equity benchmarks closed with moderate gains on Wednesday amid a choppy trade, helped by financial, metal, realty, FMCG and Anil Dhirubhai Ambani Group companies' shares. The market has seen a consolidation for the third consecutive session and remained in a range of 5500-5600 levels.

    May 11, 2011 / 17:44 IST

    Indian equity benchmarks closed with moderate gains on Wednesday amid a choppy trade, helped by financial, metal, realty, FMCG and Anil Dhirubhai Ambani Group companies' shares. The market has seen a consolidation for the third consecutive session and remained in a range of 5500-5600 levels.


    Hemant Thukral, Head - Derivatives Research at SBI Capital Securities says that 5500 seems to the support right now.

    "It seems that the market participant
    first published: May 11, 2011 04:00 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!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347