Nifty closes near 4940

The markets ended the week with marginal gains but managed to stay above the 16,700/4,950 levels. Buying was seen in realty, auto, telecom, oil marketing, cement and oil & gas shares. The BSE Sensex closed at 16,741 up 30 points after trading in the range of 16,765 – 16,610 and the Nifty gained 10 points [...]