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SENSEX ENDS 172 POINTS HIGH,NIFTY 50 HOLD 7550 LEVEL ON CLOSING BASIS

Discussion in 'Trading Strategies & Systems' started by capitalstars05, Jan 13, 2016.

  1. capitalstars05

    capitalstars05 New Member

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    The domestic equity market on Wednesday made a strong comeback from a nearly 300-point fall, as buying emerged at lower levels.
    Earlier, Sensex and Nifty50 had started the day on a strong note, but could not hold on to the gains and plunged to their new 52-week lows at 24,387.69 and 7,425.80 points, respectively.
    But an hour before closing, the benchmark indices staged a rally of nearly 500 points on the Sensex to end the day strongly. While Sensex closed the session at 24,854 points, up 0.7 per cent, Nifty50 logged a gain of 52 points or 0.7 per cent to end at 7,562

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