Nifty holds 8200 amid volatility; Max Ventures lists below Rs 45

The market continued to consolidate ahead of major event – Britain’s referendum that will decide whether UK should remain in European Union or leave.

The 30-share BSE Sensex rose 44.83 points to 26857.61 and the 50-share NSE Nifty gained 9.20 points at 8229.10. The broader markets outperformed marginally as the BSE Midcap and Smallcap indices were up 0.3 percent each.

The market breadth was positive as about 1087 shares advanced against 604 declining shares on Bombay Stock Exchange.

Max Ventures and Industries, the part of Max Group, started off first trade below Rs 45 (the pre-opening price) but immediately rebounded 5 percent at Rs 47.25 on the National Stock Exchange.

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Posted in: Indian Market Tips