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MARKET WRAP : 28/03/2011 ![Smile :) :)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Indian market gains 2.40%, Nifty above 5600, up 131 pts & Sensex up 465 pts.
EUR M3 Money supply y/y came at 2.0 vs. 1.7% as against expected at 1.5%.
Euro markets were up trivially with DAX leading, Dow future was down 10 pts.
Indian equity market was up for fourth straight session due to short covering, FIIs buying and technical break out above 5610 taking Nifty above 5600 at 5655 while Sensex surged 465 pts to close at 18816. European markets were up marginally despite German IFO business climate coming up at 111.1. Dow future was down 10 pts.
Indian market gains 2.40%, Nifty above 5600, up 131 pts & Sensex up 465 pts.
EUR M3 Money supply y/y came at 2.0 vs. 1.7% as against expected at 1.5%.
Euro markets were up trivially with DAX leading, Dow future was down 10 pts.
Indian equity market was up for fourth straight session due to short covering, FIIs buying and technical break out above 5610 taking Nifty above 5600 at 5655 while Sensex surged 465 pts to close at 18816. European markets were up marginally despite German IFO business climate coming up at 111.1. Dow future was down 10 pts.