Sensex, Nifty pull back from 5-month lows; here is why
Market observers were of the view that the Central government`s plan to reduce borrowing, along with healthy buying in banking and metals stocks among others sectors, uplifted investors` sentiments during the derivatives-expiry week. On a weekly basis, the barometer 30-scrip Sensitive Index (Sensex) of the BSE closed at 32,968.68 points -- gaining 372.14 points or 1.14 per cent points but not able to hold the 33,000-level
On the National Stock Exchange (NSE), the wider Nifty50 closed trade at 10,113.70 points -- up 115.65 points or 1.16 per cent from its previous week`s close. Image source: Reuters