Thursday 8 March 2012

Morning Summary- Market Synopsis- 7 March, 2012


Good Morning Everyone,
The markets witnessed a rangebound session with negative bias as weak cues from global peers and concerns that the UPA government would not be freely able to go ahead with reforms policy hurt sentiments. The Sensex declined nearly 60 points while the Nifty lost 20 points. Most of the sectoral indices were seen trading in the red. Metal and Oil & Gas were among the top losers with loss of close to one percentage point. On the contrary, Healthcare and IT managed to stay in the green with marginal gains. Market breadth was weak and one stock was seen advancing against every two declines.
(Pic. Source- bseindia.com)

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