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Friday, July 06, 2012

Markets fail to break into green; end listless trade in red


After a three-day gaining trend, the key benchmark indices closed today's trading session in the negative zone backed by domestic and global cues. The Sensex closed 17.55 points lower while the Nifty fell 10.35 points. Indian Indices The markets were under pressure throughout the day on the account of weak global cues. This is the fifth straight day of lacklustre trade since the huge rally last Friday, when markets saw the biggest gains of 2012. After a three-day gaining trend, the key benchmark indices closed today's trading session in the negative zone backed by domestic and global cues. An attempt was made by the benchmark indices in the afternoon session to break into the green but failed to maintain it till the end of the day. The Sensex closed 17.55 points low while the Nifty dropped 10.35 points.