Bit recovery at closing; Nifty above 5500

ONGC, Reliance Infra, Dr Reddys Labs and Bharti Airtel, who among the top gainers, were at 1.71 percent, 1.14 percent, 0.53 percent and 0.49 percent up respectively.
DLF, Mah and Mah, ACC and Rel Capital, who among the top losers, were at 7.16 percent, 4.86 percent, 4.51 percent, 4.04 percent down respectively.
4:53 PM
Nifty dips below 5550 level
The benchmark Nifty completely knocked out in Friday's trade. Since morning the market observed the worst trade, the Nifty kept its downtrend. Nifty created a record by breaking the 5500 level, for the first time since Sep 6, 2010.
At 2:40 pm, the BSE Sensex was 18267.62 down 416.81 points and the Nifty was 5466.65 down 137.65 points.
Nifty dips below 5550 level
The trade maintained the downtrend, the financial, capital goods and auto were dragging the market down. The benchmark Nifty dipped and was trading below 5550 level.
At 12:50 pm, the BSE Sensex was 18433.74 down 250.69 points and the Nifty was 5519.80 down 84.50 points.
12:50PM
Market keeps the downtrend; Nifty below 5600
In the very opening of the market the benchmark Nifty slipped below 5600 level, market observed a choppy trade.
At 10:30 am, the BSE Sensex was 18,616.14 down 68.29 points and the Nifty was 55,577.60 down 26.70 points.
10:30AM
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