Today's Market

The market saw a volatile session, first rising almost 400pts to 49439, before surrendering all gains to close at 48998. Volumes were robust at 492 mln shares while value traded was Rs20.88bln. Top performers for the day were HTL, TRG, FABL, MUGHAL, SML and CRTM, closing over 4pc. The market remained positive on expectations of an upcoming textile package. Upcoming earnings annoucements could provide further impetus. Net outflow for the day was USD6.5bln.