Nifty ends below 7300; Coal India & Maruti gain 5%, IT dips
Nifty ends below 7300; Coal India & Maruti gain 5%, IT dips
Sentiment on the rupee grew to the most optimistic since February 2012 in the last two weeks, according to a survey of 12 currency analysts.

Mumbai: The market ended on a slightly flattish note. The Sensex is up 78.80 points at 24376.82 and the Nifty is up 21.70 points at 7274.60.

About 2200 shares have advanced, 715 shares declined, and 97 shares are unchanged.

Both Coal India and Maruti gained 5 per cent each while NTPC, Sesa Sterlite and SBI were major gainers in the Sensex.

Among the losers were BHEL, Hindalco, Bharti Airtel, HDFC and M&M.

Investors built up the largest bullish bets on rupee in more than two years in recent weeks, while sentiment on the Thai baht turned the most sour in three months, a Reuters poll showed on Thursday, as the countries' political fortunes turned in markedly different directions.

Long positions in the Philippine peso and the Malaysian ringgit rose to their highest levels in more than one year as their central banks took a hawkish stance and signalled policy rate increases may be on the cards in coming months.

Sentiment on the rupee grew to the most optimistic since February 2012 in the last two weeks, according to a survey of 12 currency analysts.

The Indian currency hit an 11-month high on Monday as strong foreign inflows led local shares to record closing highs.

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