ECONOMY ANALYSIS
USD can rise 15% by 2014 end: Morgan Stanley
BSE Sensex ends 233 pts down; Midcaps, smallcaps crack
Mahindra Satyam to announce merger details today: Sources
Gitanjali Gems, TBZ, PC Jeweller crash as gold price slumps
Ranbaxy slumps on Mohali plant under USFDA watch reports
FIPB defers decision on Jet-Etihad deal
MARKET ANALYSIS
The Nifty, mirroring losses in other global markets, closed below the psychological support of 5,600 led by losses in Jaiprakash Associates, Ranbaxy and DLF. The trade is likely to remain volatile with negative bias in the near term ahead of the June series expiry, say analysts.
The 50-share index ended at 5,590.25, down 77.40 points or 1.37 per cent. It touched a high of 5,640 and a low of 5,566.25 in trade today.
The S&P BSE Sensex closed at 18,540.89, down 233.35 points or 1.24 per cent. It touched a high of 18,714.06 and a low of 18,467.16 in trade today.
The market breadth was negative on the NSE with 248 gainers against 1,058 losers.
The foreign institutional investors sold shares worth Rs 1,768.6 crore and domestic institutional investors bought equities worth Rs 1,196.65 crore on Friday as per the provisional data from the National Stock Exchange. percent to 1,602.17 and metal index by 2.50 per cent to 7,940.23.
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