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Monday, November 8, 2010

Market Voice : BSE/NSE

NEWS for Trading CLICK HERE

The market, which traded in the red almost right through the session, ended with notable losses today.

Investors chose to book profits after recent strong gains. A rather subdued display by stocks in Asian and European markets also contributed to the weakness.
The Sensex ended at 20,858 (provisional) with a loss of nearly 150 points.
The Nifty, which very nearly hit a new all-time high on the Muhurat Session, ended lower by 35 points at 6277.

IT, PSU, consumer durables, bank and capital goods stocks traded weak.

Select pharma, realty and metal stocks found fairly good support.

Midcap and smallcap stocks had a lacklustre session.