How was Equity Market on June 6, 2013 ?
Nifty opened negative, 28 odd points down, on the back of negative global cues. It further decline after opening, in the first half of the trading session. It Broke below its important support of 5883 level & dipped further till 5869. Nifty bounced& rallied up above till 5900 levels. In the second half of the trading session, Nifty continue with the bounce & broke above its intraday high to trade in green. In last hour of trading, a volatile move was seen, after covering all the losses of the day, it ended slightly in red. Sectors which helped nifty to take a bounce are BANKING, REALITY & MEDIA. On the other hand, Nifty draggers were PHRAMA, INFRA & IT.
Nifty opened negative, 28 odd points down, on the back of negative global cues. It further decline after opening, in the first half of the trading session. It Broke below its important support of 5883 level & dipped further till 5869. Nifty bounced& rallied up above till 5900 levels. In the second half of the trading session, Nifty continue with the bounce & broke above its intraday high to trade in green. In last hour of trading, a volatile move was seen, after covering all the losses of the day, it ended slightly in red. Sectors which helped nifty to take a bounce are BANKING, REALITY & MEDIA. On the other hand, Nifty draggers were PHRAMA, INFRA & IT.