SENSEX AND NIFTY UPDATES DATE 08-02-2012

Category : Stock Market

Daily Market Updates:-

SENSEX 17707.32 +84.87 (0.48%) NIFTY 5368.15 +33.00 (0.62%)

After a huge Volatile day, Nifty managed to close + 33 and sensex + 84 Points, In the opening session market opened with positive note again went above 5400, then took a dip in red after European markets opened, but covered all its losses in last 30 minutes of trade.

Bharti Airtel closed 5 % down due to lower than expected results, Nifty is still waiting for a clear direction, as it made 3 times bottom at 5330 but bounced and crossed 3 times 5400 but never closed above it and these kind of range bound sessions always end up in 1 way momentum.

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