StockIdeas_nirmalbang

The markets opened with a downside gap on account of weak global cues but gave spectacular recovery during the last hour of trade to end marginally in red. The recovery in the Indian market came after the Chinese Shanghai Composite gave a strong recovery from the intra-day low of 2,770 to end at 2,857 up 22 points. Huge short covering was also seen in the Metals pack. All the sectoral indices showed good amount of recovery from their day's low to end on a flat note. The Sensex closed at 17,087 down 49 points after trading in the range of 17,121-16,858. Nifty shut at 5,125 down 23 points...

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