Tag «Short covering»

28th March, 2013 : Short covering: Nifty ends above 5650

The Indian market although sandwiched between holidays ended with smart gains on Thursday amid short covering in the Banking, Metals, and Telecom stocks. In addition, good long rollover was witnessed in the Nifty and the Banking Nifty. After opening on a flat note, markets slipped in the early trades however as the day progressed sentiment …