Markets trading steady

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Markets trading steady
Markets were trading steady and sharp surge in crude prices stalled any runaway gains.

The BSE Sensex was trading up 30 points at 17617, while the NSE Nifty was trading up 12 points art 5353 points at 10.50 am IST.

Mphsasis was down 7% reacting to its numbers. DLF continued to drop amidst reports of suspected accounting practices at the company.

Crude continued its uptick with Brent Crude trading at almost $126 per barrel. Marketmen fear that rising crude would result in hike in petrol prices, which would once again spur inflation. Markets are expected to remain volatile today on the last trading day of the week.

GoodReturns

Read more about: sensex, crude, dlf
Story first published: Friday, March 2, 2012, 10:25 [IST]
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