NIFTY IN SCARLET FEVER

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Today's closing of the week has taken place with another major fall in the market. Private banks, it and metal stocks were todays pressure points. Nifty has dropped 6.5% in this week. Banknifty has also lost about 2700 points during this period. The market has closed for the second consecutive day today. The sensex fallen 674 points to close at 27591. At the same time, the nifty fallen 170 points to close at 8084 while the bank nifty has fallen 959 points to close at 17249 and midcap  fallen 154 points to close at 11,317. Banking, auto and metal stocks were the biggest losers in todays business while pharma oil-gas, fmcg shares were bought.all the shares of bank nifty fell but chemical stocks were a good buy. Icici bank, hdfc, kotak and reliance have put pressure on the market. Pharma shares have shown enthusiasm today with glenmark, lupin and cipla ran between 3 - 5 % . Aurobindo pharma improved more than 10 % from the lower levels while ajanta pharma has jumped about 30 % in 6 sessions.in auto stocks figures from tvs motors and hero motocorp have also disappointed.

TOP GAINERS-SUNPHARMA,CIPLA,ITC,BPCL,ONGC M&M
TOP LOSERS-AXISBANK,ICICIBNK,TITAL,SBIN,MARUTI,HDFC