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Friday, 28 December 2012

Sensex ends 94 points down

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Sensex ends 94 points down
Clean Media Correspondent

MUMBAI, DEC 28 (CMC) The Nifty and the Sensex closed marginally in the red on Thursday. Both the indices were in the green in the first half of the trading session before slipping into the red.

The Nifty closed at 5870, down 36 points while the Sensex closed at 19324, down 94 points.

“Despite the selling in some of the sectors, Nifty is still holding above 5850 level in near term, which is a positive indicator. Any positive news can lead to upward breakout of the range. Indecision shall be there till Nifty trades within this range. It is to be seen if Nifty sustains above 5900 level, as this will be deciding level for coming days,” said Rakesh Goyal -Sr VP Bonanza Portfolio.

Volatility was down 2.55 per cent and the volatility index India Vix closed at 13.74.

Bank of Baroda, Tata Motors, SBI, ONGC and Tata Motors were the top five Nifty gainers while Gail, Jindal Steel, BHEL, JP Associates and PowerGrid were the top losers.

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