Friday 25 May 2012

Special report by TheEquicom For 25 May


MARKET WRAP


Dow Jones Ind. Avg down 6.66 pts, Nasdaq up 11.0 pt, S&P500 up 2.23 pts

Nifty ended up gaining 85.75 pts, Sensex ended up gaining 274.20 pts

Nikkei up 0.08%@6.78 pts, SSE Composite Index down by 0.53%@12.46 pts

The Sensex and Nifty surged nearly 2% in late trade following rebound in European markets and the Indian rupee. Banking & financials, oil & gas, telecom and metals stocks led the rally. France's CAC and Britain's FTSE climbed over 1% while Germany's DAX rose 0.6%@38.32 pts amid Greece concerns and weak economic data across Eurozone.        


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