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Markets end near day's high

Markets shrugged off weak industrial output data and ended near day's high bolstered by strong global cues and rally in metal and realty stocks. The S&P CNX Nifty opened in the green and dipped to 5,711 (down 89 points) on reports of industrial output data for the month of November at 2.7% compared to 11.3% in October. The Nifty bounced back from the day's low and touched an high of 5,874, snapping six days of decline which had dragged the index down more than 6%. The Nifty closed at 5863, up 109 points, and Sensex ended at 19,534, up 338 points. Despite the market rally, investors ...