NIFTY ENDED LOWER

Markets ended lower for the week ended January 11 as the profit taking crept in at higher levels. On a weekly basis the BSE Sensex slipped 120 points or 0.6% to end at 19,663 and the 50-share Nifty slipped below the crucial psychological level of 6,000 to close at 5,951, down by a per cent or 65 points.

Meanwhile, the global markets ended higher as the positive remarks from the head of the European Central Bank, massive stimulus plan in Japan and stronger-than-expected Chinese trade data boosted the investor sentiment and also added to growing confidence about a pick up in global economic activity.