Markets end in red on a volatile note – 09 March 2010

Volatile and lackluster trading was witnessed during the trading session with the indices oscillating between red and green quite a few times. The markets started on a flat note and remained in somewhat static state throughout the day. Metal, PSU, Oil & Gas and Realty indices were the main draggers in the index as all declined more than a percentage points. The Sensex closed the day with a loss of 50 points or 0.30 percentage points at 17052.54. The Nifty ended the day on the same line at 5101.50 declining by 22 points or 0.44 percentage points. Market breadth was positive with 1,043 advances against 1,780 declines. On the European frontstocks fell for a second day as European Aeronautic, Defence & Space Co. and Antofagasta Plc reported results that missed analyst estimates. Asian shares were little changed and U.S. index futures fell.

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