Stock Market closing News :- Tracking mixed cues from
European and other Asian markets, the domestic equity market ended a volatile
week on a flat note.The S&P BSE Sensex ended a choppy session with gains of
59.93 points or 0.25 per cent, at 23,709.15. The 50-share NSE Nifty50 also
managed to eke out gains to close at 7,210.75, up 19 points, or 0.26 per cent.
Both, the bourses have climbed 3.31 and 3.15 per cent, respectively, in the
week. The benchmark indices took strength from a strong
opening in European market, after weak cues from other Asian and US markets
sapped investors' sentiment in morning trade.The benchmark indices took
strength from a strong opening in European market, after weak cues from other
Asian and US markets sapped investors' sentiment in morning trade.Nifty does
look convincing. On earlier occasions it would claw its way towards 7,200-7,210
and then quickly get rebuffed, but this time a .. The BSE benchmark had gained 267.35 points on
Thursday, while the Nifty50 closed at 7,191.75, up 83.30 points.Telecom stocks
rallied in the session after reports emerged that Telecom Commission may
discuss the liberalisation of 800MHz spectrum in circles that lack
market-determined prices.Meanwhile, energy stocks witnessed heavy selling
with Hindustan Petroleum and IOC losing the most.
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