NIFTY OUTLOOK-STOCK MARKET UPDATES: The Indian stock market closed on a positive note today by snapping a four-session losing streak. This happened because of traders indulged in some short-covering ahead of near month derivatives expiry. The beginning was weak for the market with a subdued trend in the Asian markets, that forced investors to trade cautiously and prompt them to go for selling on several counters.
BSE Sensex declined nearly 125 points to 17,367.55 in the morning, it reached to a high of 17,605.51 during the final end of the session and eventually settled at 17,541.64, it recorded a gain of 50.83 points or 0.29%. The NSE Nifty closed at 5315.05, with making high of 5342.80, it recorded a gain of 27.25 points or 0.52% today and touched a low of 5255.05 during the day.
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