Thanks to the enthusiastic Indian traders. After a long 6 days losing streak Indian bourses closed firmly on wednesday.Indian market out performed other asian brothers. It was a good day for Indian bourses. All the beaten down stocks witnessed buying interest especially reality and metal stocks.
Bombay sensitive index or sensex recorded a gain of 507 points and closed at 15912. During trading hours sensex was very close to 16,000 mark. Nifty also witnessed buying interest and close at 4711 up by 147 points.
The volumes were low but the resumed buying interest clearly indicates that market will be in thepositive terrain soon.
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