Tuesday 28 February 2012

Closing Summary- Market Synopsis- 27 February, 2012

It was a bad start of the week with the market extending previous weeks losses led by huge shorts build up and unwinding of long positions. Nifty closed at 5281 with a loss of 148 points while Sensex closed the day at 17446 with a loss of 478 points. The fall was not only restricted to largecaps but also to broader markets, which tanked more than 3%.
(Pic. Source- bseindia.com)

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