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Thursday, August 26, 2010
SENSEX up 46 pts | Nifty up 15 pts today
Indian Stock market closed a little up today thus ending a five day decline streak, but again witnessed a lackluster day.
Oil and Gas sector stocks, Realty stocks subindices were major losers while Bank and Pharma sector looked a little promising.
Nifty closed at 5477.90, up 15.55 points from yesterdays close and reached the lowest of 5454.70 during intraday trade.
The 30 stock BSE's Sensex also closed up by about 46 points today as the rise of stock was seen mainly in FMCG, Banking sector and Pharma stocks, Sensex closed at 18226.35, up 46.71 points today.
However since the predictions about possible double dip to take place next month are gaining grounds thus despite closing up Market breadth was negative on the NSE with 1,750 declines against 1,483 advances.
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