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Showing posts from December, 2013

Nifty December Expiry

Markets  closed marginally in the green with the Sensex up 42 points at 21,075 and the Nifty gained 10 points to end the day at 6,278 as  traders  rolled over positions in the futures & options (F&O) segment from the near month December 2013 series to January 2014 series. Gains in names like HDFC  Bank , Infosys and ONGC in the last hour of trade helped the benchmark indices to close in the positive territory. Through the day, the benchmark indices traded in a narrow range, briefly slipping into the negative territory in noon deals. The Nifty touched a high of 6,303 and slipped to a low of 6,270 in intra- day trades . Meanwhile, the broader markets remained resilient with the smallcap index adding over 1% and the  midcap  index gained 0.4%, both outperforming the BSE benchmark index which was up 0.2%. Rupee The rupee is trading weaker at 61.98 versus its close of 61.79/80 on Tuesday, with dollar demand from  oil firms hurting. Traders expect exporters to step up do