Bit recovery at closing; Nifty above 5500

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Nifty closes above 5500
Mumbai, Jan 28: The 50-share NSE Nifty showed a bit of recovery in late trade to close above 5500 level, at 5,512, down 92 points. The 30-share BSE Sensex went down 288 points to settle at 18,396.

ONGC, Reliance Infra, Dr Reddys Labs and Bharti Airtel, who among the top gainers, were at 1.71 percent, 1.14 percent, 0.53 percent and 0.49 percent up respectively.

DLF, Mah and Mah, ACC and Rel Capital, who among the top losers, were at 7.16 percent, 4.86 percent, 4.51 percent, 4.04 percent down respectively.
4:53 PM

Nifty dips below 5550 level

The benchmark Nifty completely knocked out in Friday's trade. Since morning the market observed the worst trade, the Nifty kept its downtrend. Nifty created a record by breaking the 5500 level, for the first time since Sep 6, 2010.

At 2:40 pm, the BSE Sensex was 18267.62 down 416.81 points and the Nifty was 5466.65 down 137.65 points.

Nifty dips below 5550 level

The trade maintained the downtrend, the financial, capital goods and auto were dragging the market down. The benchmark Nifty dipped and was trading below 5550 level.

At 12:50 pm, the BSE Sensex was 18433.74 down 250.69 points and the Nifty was 5519.80 down 84.50 points.

Market keeps the downtrend; Nifty below 5600

In the very opening of the market the benchmark Nifty slipped below 5600 level, market observed a choppy trade.

At 10:30 am, the BSE Sensex was 18,616.14 down 68.29 points and the Nifty was 55,577.60 down 26.70 points.

OneIndia News

Read more about: sensex, nifty
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