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Equity Research
The Indian markets crashed sharply following bearish trend across the globe on credit defaults in European countries. Selling was across the counter as all the sectoral indices on the BSE ended lower. The Sensex closed at 15,790 down 434 points or 2.68% after making a low of 15,725. The Nifty fell 2.61% or 127 points to settle at 4,718. Huge selling was seen in reality, metals, banking and oil & gas stocks. The breadth was very negative and the markets reported traded turnover of Rs 1,08,936 cr. For the week Nifty ended down 3.4%.
http://www.nirmalbang.com/Upload/After_Market_05022010.pdf
http://www.nirmalbang.com/Upload/After_Market_05022010.pdf