Share market slips, consolidtion for Market

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BSE 30 share sensex fell by 55.32 points

June 11: The 30 share BSE sensex fall 55.32 points at the end of the day even though they is a positive sign coming from foreign stock exchange. The BSE sensex moving wide deep in red in the intraday and gain some points at the end of the day to close at slight down mark of 55.34 points or 0.36 percentage less than its previous day close.

The NSE also down by 17.55 points at the end of the day. The 50-share NSE Nifty index resumed flat at 4657.40 and saw a dip in the intraday but manage to bounce back to 4637.70 at the closing of the day. On contrary today the European markets are all ended in green.

On the market analyst said that today is consolidation day for the markets. The benchmark indices ended the session marginally lower. The sell-off in oil & gas, technology, realty, cement, private power counters are in red where as telecom (except Rel comm.) metal stocks, NTPC and HDFC Bank helped the benchmark indices to gain.

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