Nirmal Bang Securities Pvt. Ltd. - Morning Call 061109

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The markets recovered remarkably in the second half of trade, especially post Finance Minister's and Home Minister's comments. Talks on disinvestment process pushed the equity benchmarks higher in late trade. The Sensex closed above the 16,000 mark at 16,064 while the Nifty ended at 4,765 levels after recovering 3% from the day's low of 4,610. Buying was seen in telecom, metal, realty, power, auto, oil & gas exploration, select banking and capital goods stocks also helped the markets to recover.

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