Money on the markets

A maturing market amid the mayhem

Sensex ends flat in choppy trade


The Sensex jumped nearly 50 points on Friday to end at 10,048.49, driven mostly by increasing optimism worldwide.

Gains however were capped by profit-booking in a market that has recovered considerable ground after Satyam unveiled the country’s biggest corporate fraud in early January.

The rally was led mostly by metals (index up 4.8 percent), health care (index up 2.8 percent), banking (index up 2.6 percent) and auto stocks (index up 2.2 percent).

Banking shares gained on improved global economic outlook and expectations of further monetary easing by the government. MARKETS-SOUTHASIA-STOCKS/