Today's Market

The market closed a volatile session ending 212pts down at 49756. Intra day the index saw a 280pt high before surrendering its gains toward the end of the session. Turnover was 459mln shares while value traded was Rs25.4bln. Rollover pressure may have kept the index in check even though momentum could carry the market further. Volatility at this level could be induced by news flow regarding Panama Leaks case.