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Stock Market Review 29 march 2012

Sharespedia
Posts: 7
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3/29/2012 7:07:41 AM
Posted: 6 years ago
BSE SENSEX and NIFTY traded in a volatile session on THURSDAY ahead of expiry today. Markets tried to recover in last hour of trading and ended almost flat. NIFTY lost almost 5% this month against the sensational gains in JANUARY and FEBRUARY. Today banking, FMCG, telecom and technology sector traded lower while auto and power stocks outperformed. In near terms market is expected to be bearish may trade towards 5000 level in April 1st week as confusion over General Anti-avoidance rules, roll back of rail fares, and poor political issues may drag the market down.

The SENSEX closed 63 points down at 17,058 and the NIFTY stood at 5178, down by 15 points.

BSE Small-Cap index was up by 0.70% while the BSE Mid-Cap index finished 0.16% up.CNX MIDCAP 50 index was up 0.26% and S&P CNX 500 was down around -0.11%.
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sadolite
Posts: 10,078
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3/29/2012 8:10:26 PM
Posted: 6 years ago
"The market goes up and the market goes down. Don't worry it will come back again"

Now the part they leave out "After you loose all your money"
Beware of the people who are in your circle but are not in your corner.

And with the stroke of a pen people 18 to 21 who own a gun became criminals and public enemy #1 having committed no crime and having said nothing. Just like the Jews in Germany during WW2. Must be a weird feeling.

When I hear people crying and whining about their first world problems I think about the universe with everything in it and people in wheelchairs and all of their problems go away.