Sensex,Nifty end stable after special live trading session

Both the stock exchanges BSE and NSE held a special trading session as the BSE is testing its Disaster Recovery Site

Written by Press Trust Of India | Mumbai | Published: March 4, 2012 12:46 am

In a special live trading on Saturday,the BSE benchmark index Sensex ended flat at 17,636.99 points on lack of any major trigger.

Both the stock exchanges BSE and NSE held a special trading session as the BSE is testing its Disaster Recovery Site. Trading began at 11:15 a.m. and ended at 12:45 p.m.

The BSE 30-share barometer moved in a small range between 17,676.83 and 17,617.88 before ending at 17,636.99,showing a minute rise of 0.19 points,or 0.001 per cent.

The broad-based 50-issue Nifty of the National Stock Exchange also edged up by 0.05 points to settle at 5,359.40.

Brokers said investors kept themselves sidelined from the market ahead of state election results to be announced next week.

A good showing in the state elections would be a boost for the ruling Congress party and could help revive stalled policy reforms,they added.

Some of the PSUs,power and IT stocks attracted buying support while realty counters continued to suffer on selling.

FIIs bought shares worth Rs 578.65 crore on Friday,as per provisional data from the stock exchanges.

Overall,13 out of 30 Sensex-based components closed with gains while others finished with losses.

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