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Indian stock markets witnessed sharp fall on the back of profit booking a day ahead of the F&O expiry. Barring IT stocks all sectors were on bears radar but realty, consumer durables, metal and banking stocks were worst hit.
Indian equity markets opened flat amid weak global cues. Indices gave up early morning gain back profit booking. Finacial, Realty and Capital Goods stocks led the losses in opening session. On the other hand Oil and Gas and IT witnessed buying in opeing session.
February 22, 2012 at 16:30Indian stock markets gave strong close on the back of news that euro area finance ministers reached an agreement of second bailout package for Greece.
February 21, 2012 at 16:40Indian bourses opened flat amid mixed global cues. Indices extended gain led by Realty , Oil & Gas and Metal stocks. On the other hand IT stocks remained weak in opening session.
February 21, 2012 at 16:25Technically, correction is due and expected in Nifty from current levels, today Nifty has made doji star on daily charts with good volumes and even today’s gap seems as Exhaustion gap on the back of overdue correction. As on going uptrend seems very strong major correction is not expected but if we take 38% retracement of recent rise, support comes near 5200.
February 17, 2012 at 16:20Indian equity market opened gap down amid weak global cues. Indices remained choppy and lackluster in first half of the day. Metal, Oil stocks witnessed profit booking in opening session. On the other hand Realty, Pharma stocks witnessed buying in opening session.
February 16, 2012 at 16:40Indian stock markets pauses and takes breather after yesterdays strong rally of more than 2%. Realty, power and capital goods stocks were on buyer's radar today. Metal, Oil & Gas and consumer durable stocks ended in red.
February 16, 2012 at 16:30