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Market Update
Monday, May 21, 2007
| Nifty hits new high at 4250; crosses previous high of 4,245 | |||||||||
Nifty has hit new high. It has crossed previous high of 4,245. Nifty took 42 sessions to move back to highs. Nifty rallied nearly 20% from March 16 low of 3,573. Nifty had lost 16% during February 8- March 16. FII inflow of has been $ 4 billion in Cash & F&O segment since March 16. Metals index was up 9% from feb 8 highs. Oil & gas index was up 10.5% from February 8 highs. BSE Auto Index however was still down 14% from feb 8 highs. BSE IT Index was also down 12.5% from feb 8 highs. | |||||||||
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Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.
