Tuesday 3 July 2012

Sensex, Nifty give up early gains, end flat:

Posted by Ways2Capital on Tuesday, July 03, 2012 with No comments
Sensex, Nifty give up early gains, end flat:

Share prices slipped into negative territory after remaining firm for most of Tuesday. The sentiment turned weak as India’s crucial monsoon rain fell 31 per cent below average up to 2 July 2012.

Shares of consumer goods, IT services and power sector companies shed value.

At 3.30 pm, the 30-share BSE Sensex edged up 0.15 per cent or 26 points at 17,425 while the NSE Nifty inched up 9 points at 5287 after crossing the technically important 5,300-level.

Nifty looks bullish in near term to touch the Resistance level of 5325 & 5384 same as given yesterday. Support at 5295 & 5240.

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