Myiris.com - Personal finance India for shares, stocks, equity, mutual funds, loans, credit cards, insurance, tax, mutual fund NAVs, BSE, BSE India, NSE, NSE India, share, mutual fund, loan, company results, credit card, and more...
10 February, 2010 00:15 IST

Nifty may trade in range of 2,850-3,050 on Thursday

Source: IRIS (31 December 2008)

Nifty may trade in range of 2,850-3,050 on Thursday
Email      Print

P.K. Agarwal, president– research, Bonanza Portfolio commenting on the daily market performance said, ``Indian markets ended the year on reasonably satisfactory note. Nifty touched a high of 3,002. Some profit booking  was seen during the afternoon. Nifty went to low of 2,937 and it closed near it at 2,959.``

``Selling was seen in Banking, Oil and Gas sectors. Ambuja Cement, HDFC, Idea, ICICI Bank were among heavy weight losers. Buying was seen in Capital Goods, Healthcare etc. sectors. Satyam, Ranbaxy, Siemens, Unitech were among heavy weight gainers,`` he said.

He added, ``Major global markets are closed for New Year tomorrow. Nifty is likely to trade in range of 2,850-3,050 tomorrow.``

Disclaimer: IRIS has taken due care and caution in compilation of data for its web site. Information has been obtained by IRIS from sources which it considers reliable. However, IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website

Home | Shares | Mutual Funds | Loans | Credit cards | News Centre
Trade On-line | Wealth Tracker | Newsletters | Tax Corner | NRI Centre | Forums | E-mail
© All rights reserved. IRIS Business Services Private Limited
A Disclaimer