Nifty reclaims 6,300-mark; ends the year on calm note

The market managed to end the year on a calm note, despite the lustreless momentum as buying in key heavy-weights led the CNX Nifty to garner 13 points at the National Stock Exchange (NSE).
Though small broad-based buying contributed in today's gains, sentiment was generally muted due to year-end amid absence of big institutional investors participation.
Meanwhile, Foreign Institutional Investors (FIIs) bought shares worth Rs 128.90 crore yesterday as per the provisional data.
The 50-share Nifty traded between a high of 6,317.30 and a low of 6,287.30, before closing at 6,304.00, showing a nominal gain of 12.90 points, or 0.21 per cent.

Resuming firm, the bourses witnessed volatility and trimmed its gains, though traded range-bound in positive terrain during the morning trade. It continued its narrow momentum to end green.
The major gainers were IDFC, JP Associates, Tata Power, Ultracemco, HCL Tech, Wipro, ACC, Axis Bank, TCS and PowerGrid, while BHEL and Maruti witnessed profit-booking.
Turnover in the cash segment fell to Rs 8,415.73 crore from Rs 8,659.67 crore yesterday. A total of 6,000.11 lakh shares changed hands in 44,49,493 trades, while market capitalisation stood at Rs 68,84,167 crore.