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After the US crude oil crash, Indian markets, in
sync with Global markets traded negatively,Today the weakness in the market is
dominating. The Sensex is down 1011 points to close at 30636 today. At the same time, the
Nifty closed at 8981 level with a weakness of 280 points .
Bank Nifty fell 1113
points to close at 19409 due to pressure on banking shares. In today's
business, there was tremendous pressure in small and medium stocks. Except
pharma, all other sectors have seen a steep decline. All 12 stocks of Bank
Nifty were sold. 43 out of 50 stocks of Nifty were sold. At the same time, 27
out of 30 stocks of Sensex were sold. HDFC Bk, ICICI Bk were seeing more
pressure. Divsi Lab looks towards life time high. Arvindo Pharma is also seen
at the height of 7 months along with Upper Circuit. All sector indexes except
pharma were visible in red mark.
TOP LOSERS-INDUSINDBANK,
BAJAJ FIN, ICICIBNK, HINDALCO, ZEEL
TOP GAINERS- DR REDDY’S, INFRATEL, BHARTIARTL,
HEROMOTOCO, CIPLA
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