Tuesday, March 18, 2008

today was 2nd highest fall ever for market!!!

The markets ended near the lowest point of the day with a sharp cut on account of heavy selling in scrips across sectors. It was the second biggest single day point fall for Sensex ever, down nearly 1000 points. It was the lowest close for Nifty since September 2007 and lowest close for Sensex since August 2007.Broader markets underperformed the benchmark indices and both the midcap and smallcap indices are down over 6% each. NSE advance:decline was at 1:17. All sectoral indices closed in red, not a single Sensex & Nifty stock was in green.All BSE sector indices were deep in red. Bankex was top laggard down 9%, followed by realty , metal index down over 8% and oil & gas index were down over 5%.

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