09 April 2008

Choppy trades pushes sensex into red

Uneasy Asian market has swallowed most of the gains held, earlier markets were in green moving in a narrow range. Buying support is seen from capital goods, power, metal, oil and banking stocks. Midcaps and small caps are trading higher with a gain of over 1%. Realty, FMCG and auto stocks are under pressure. Market breadth is positive, nearly 3:1. On the global front, Asian markets were trading lower.

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