Bears rule Dalal Street
Mumbai: The 30-share Sensex after touching an intra-day high of 4,991, slid at around 3 pm on Monday to touch an intra-day low of 4,906. It eventually closed at 4,938, a net gain of 49 points or one per cent. Trading volumes were thin at 89 million shares on Monday against 93 million last Friday. Dealers said there was aggressive selling of Nifty shares and its futures after 3 pm. Bears are still ruling Dalal Street so the 49-point rally in the Sensex seems unlikely to bring much hope to traders.
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Sensex up by 49 points
Mumbai: Easing global oil prices, sustained buying by FIIs and overall buoyancy across the Asian markets helped the Sensex gain 49 points to close at 4,938 points.The benchmark Sensex opened on a positive note at 4,927.50 points and touched a high of 4,991.48 points in afternoon trades before settling at 4,938.15 points up 49.15 points.
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