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Nifty didn't broke 5050 in closing basis

Sensex closed at 17009, down 213 points and Nifty at 5063, down 50 points from the previous close. CNX Midcap index was down 1.88% and BSE Smallcap index was up 0.23%. The market breadth was negative with advances at 496 against declines of 776 on the NSE. Top Nifty gainers included HCL Technologies, Jindal Steel and TCS while losers were Tata Motors, Tata Steel and HDFC.
Nifty rebounded when it touch 5050 levels,which is a good sign for BULL ,who continously buys always in dips.Expect Telecom Stocks rebound in next trading sections.

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