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Nifty ends flat amid choppy trade; StanChart most active

Indian equity benchmarks closed the first session of the week with moderate gains amid volatility.

June 06, 2011 / 16:15 IST

Indian equity benchmarks closed the first session of the week with moderate gains amid volatility. The market traded in a negative terrain, reacting weak global cues post the disappointing US employment data. But benchmarks managed to bounce back in the last one hour of trade following recovery in European markets as it seemed that market factored in negatives.


The 50-share NSE Nifty rose just 15 points, to end at 5,532. Rahul Mohindar, viratechindia.com sees the markets really trotting between two very interesting levels - 5480 on the downside and about 5630 on the upside.

"I think the market is still very much directionless. The odds still continue to be towards the downside. I don
first published: Jun 6, 2011 03:50 pm

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