Friday, November 30, 2007

The market is adding to its gains. The Sensex is up 312 points from the previous close, at 19,316. Nifty is at 5754, up 120 points. Market breadth is firm. Top Sensex gainers include DLF, Reliance Energy and HDFC Bank, while losers include Ambuja Cements, HUL and Bajaj Auto.

As long as the Nifty stays above 5700, it is good for the markets, says Anu Jain, technical advisor, on CNBC-TV18. The more the Nifty consolidates between 5700 and 5770, the better, she adds. But if it falls below 5700, then the market could see further weakness.

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