Market Commentary

Nifty ends the week with net gain of 0.04% - Microsec



Posted On : 2013-06-02 05:09:42( TIMEZONE : IST )

Nifty ends the week with net gain of 0.04% - Microsec

After starting with a positive session, the NSE-50 share index, benchmark Nifty continuously rose to make a weekly high of 6133.75 on Thursday and then it fell to make a low of 5975.55 on Friday. At last it ended the week with a net gain of 0.04%.

On the sectoral front, some buy interest was witnessed FMCG, Power, Consumer durable, Auto and Oil & gas stocks. However, selling was seen in Capital goods, Realty, Banking and Metal stocks. Now, Nifty is expected to get a strong support in 5950-5920 band.

Source : Equity Bulls

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