Wednesday, 10 October 2012

Nifty and Stock Market Overlook

On the second business day of the week, Tuesday the market strengthened in the Indian stock mark. Morning at 10:10 with the BSE Sensex gained 110.91 points and was trading at 18,819.89. However, this time Nifty was trading at 5,710.05 with a gain of 34.05 points was.

The morning opened with market share gains and was a relief to the investors. Sensex closed at 18859.78 with a gain of 150.80 points. Nifty closed at 5724.80 with a gain of 48.80 points. However, improvement was observed in Rupee. Inter-bank money market rupee rose by 40 paise to Rs 52.24 per dollar at the beginning of the day itself.

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