Epic Update : Market Analysis 29 Aug.

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Epic Update : Market Analysis 29 Aug.

Post by Epicresearch123 » Wed Aug 29, 2012 2:10 am

Key benchmark indices weakened once again after staging a sharp recovery from intraday lows in late trade. The market breadth was weak.
BSE Sensex was down 66.03 points or 0.37% to 17,612.78. The index declined 108.10 points at the day's low of 17,570.71 in mid-afternoon trade, its lowest level since 13 August 2012.
The S&P CNX Nifty was down 22.55 points or 0.42% to 5,327.70, as per provisional figures. The index hit a low of 5,312.60 in intraday trade, its lowest level since 13 August 2012. The index hit a high of 5,359.25 in intraday trade.
The market breadth, indicating the overall health of the market, was weak. On BSE, 1,864 shares fell and 954 shares rose. A total of 117 shares were unchanged.

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