See weak opening: Nirmal Bang

Written By Unknown on Selasa, 16 Juli 2013 | 10.54

According to a report by Nirmal Bang, paring early losses, Sensex shot up by 76 points to close above the 20,000 mark for the first time in over six weeks, led by gains in bluechips, as inflation numbers met market expectations amid firm global cues. This is the first time that the index has closed above the 20,000 mark since 20,215.40 on May 30.

Brokers said a firming trend in global markets as Chinese economic growth matched forecasts further influenced the trading sentiment. Market is expected to open on a weaker note and remain under pressure during the day.

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