The session ended was very flattish with the Nifty at 5,586, up 0.75 points, while the Sensex closed at 18,588, down by about 7.92 points. CNBC-TV18's managing editor Udayan Mukherjee feels that the market has seen good turn around today after the sluggish morning.
He said, "We started the day with about 30-40 points down on the Nifty and from there struck out the 60 point rally. We are back up to 5,650 levels from the lows of the day closer to 5,540 levels. Point to point, it as a 100 point up move."
The volumes have been very good with over Rs 1, 20,000 crore. The large and midcaps have shown good participation. Udayan explained, "The broader market looks very lively. In fact, it started even before the largecaps joined in. In two days, we got what we had lost on the bad day of Infosys results." Below is the verbatim transcript of his interview with CNBC-TV18
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