Markets buckled down today after an initial show of resilience. The Nifty sheds 1 percent to close below 5,700. Udayan Mukherjee, managing director, CNBC-TV18 gives a detailed analysis of the market‘s performance today.
It was not a very big ranged session of volatility at all today, as seen in earlier expiry sessions, reports CNBC-TV18’s Udayan Mukherjee.
It's been a range-bound yet sluggish session for the market today. It's just been gyrating around 5200, and has not made much headway on either side, says Udayan Mukherjee, managing editor, CNBC-TV18
It has been a terrific comeback for the market today. The Nifty recovered all of yesterday’s losses to close at 5200 again, up 11% for January, the best monthly performance since September 2010.
Moneycontrol.com editor, Santosh Nair, chats up Shishir Asthana of Firstpost.com on the market movers and Nifty levels for the day. Listen in!
Across the board buying helped the frontline indices build on their early gains. The Nifty gained just over 2% to close at 5,140 while, the Sensex rallied 340 points to close at 17,085.