MUMBAI (Commodity Online): Indian stock markets ends positive amid volatile session. Nifty managed to recover that it lost yesterday owing to Infy's weak guidance.
For the week Nifty gained 2.5% on positive IIP figures mainly lead by Realty and Metal stocks.
The S&P CNX today gave gap up open at 4862, profit booking in the initial session dragged Nifty to the low of 4834. However market recovered in the later session and Nifty made high of 4899 but sudden selling from higher level dragged Nifty again near day's low and Nifty settled at 4866 up by 35 points.
Metal stocks were the top gainers in today's rally. IT stocks continued to fall even today after Infosys weak guidance.
The European markets are also trading positive. The FTSE index is up by 26 points, DAX index is up by 45 points and CAC index is up by 27 points.
The market breadth, indicating the health of the market was neutral. On NSE, 1027 shares advanced while 450 shares declined. Total of 41 shares remained unchanged.
Out of 50-share S&P CNX Nifty pack, 33 scrips advanced while 17 scrips declined. Rpower was up by 7.22%, Tata Steel was up by 6.97% and Rcom was up by 6.34% were the top gainers from the Nifty pack.
Gail was down by 3.27%, Bajaj Auto was down by 3.09% and Maruti was down by 1.91% were the top losers from the Nifty pack.
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