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Thursday, January 22, 2009

Nifty struggles at 2700; IT, CG, bank, NTPC weak

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The benchmark indices are trading lower amid volatility. Sell-off is seeing in technology, power, capital goods, metal, banking and power stocks as well as in Bharti Airtel. Midcap and small cap stocks are also reeling under pressure. On the global front, Asian markets are weak; Nikkei lost nearly 3% and Kospi fell 2%. Straits Times, Shanghai and Hang Seng fell marginally.

The Sensex is trading below 8800 level, down 89 points to 8,724, at 10:30 hours IST. The Nifty slipped 28 points to 2,685. BSE Midcap Index lost over 1.4% and Small cap Index fell nearly 1%.

Indian Stock Market

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2 comments:

KnowYourProfit said...

Dear guest,
The blog created by the webmasters is really a informative and nice we would also like to add share some news.Now as
such we know the indian stock market now a days is trading in a consolidation stage where a active Trader can make
most out of it even in these conditions where less movement is there.

Some sayings are always remember

Wide diversification is only required when investors do not understand what they are doing!!!
Warren Buffett

www.KnowYourProfit.com

KnowYourProfit said...

The blog is very informative and user friendly created by the webmaster,we would also like to share our experience on this blog

As such we all had seen 5% correction in bse so this is the right time for the investors to take positions for handsome returns,no doubt everyday the market is giving opportunities to
make money provided you are taking timely entry and exit from the positions

Regards

www.knowyourprofit.com

+91-9871142419