Key indices snapped their 5-day rally to end in the negative territory on Friday. However, they managed to recover from the day's lows. |
Dealers said investor interest was down, on Friday being the last session of the week and also a half-yearly closure for banks, which affected liquidity in the system. Both the indices gained 5 for the week. |
The Bombay Stock Exchange's 30-share Sensex ended at 8634.48, down 15.69 points, or 0.2 per cent, from Thursday. Its day's low was 8527.38. |
The National Stock Exchange's 50-share Nifty closed at 2601.40, down 9.80 points, or 0.4 per cent. It's intra-day low was 2567.75. |
It is significant that the Nifty closed above the 2600-mark for the second time in its history after first breaching that mark on Wednesday. The indices were in the positive territory for a short span in early trade, but then slipped into negative territory. |
Dealers said profit-booking led to the weakness in the indices. |