Stock Market Updates for Today (9th June '11)
by Stock Tips
It was a choppy ride for stocks on the major Indian bourses today with investors mostly staying away on the sidelines amid weak global cues and lingering worries about inflation and slowing economic growth. A few blue chips found some support now and then, but then, gains posted by them were not strong enough to lift the market any significantly up in positive territory.
The Sensex, which faltered after a modest upmove and touched a low of 18,327, rallied to 18,449.64 around mid afternoon, but drifted down again to close at 18,384.90, netting a small loss of 9.39 points or 0.05%. The Nifty closed at 5521.05, down 5.80 points or 0.1% from its previous closing mark. The NSE barometer touched a high of 5540.10 and a low of 5502.05 during the session.
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