Tuesday, December 18, 2007

Second Day In Succession Stock Markets Dip Further Down

Stock markets opened on weak note toady and proceeded to trade weak for most part of the the day amid sharp volatility and ended with deep cut. Metal, banking, power, cap goods and realty stocks traded under tremedous pressure for most part of the day, however pharma, durables and FMCG stocks were better than yesterdays situation.

Market remained negative all day long. It was disappointing day for the midcap and smallcap counters which has been outperforming the frontliners for some time. Despite the fct of dipping there was substansial number of stock trading going on throughtout the day.

Second Day In Succession Stock Markets Dip Further Down where BSE was down by over 180 points and NSE was down by over 34 points for the day

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