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Nifty, Sensex Remains Under FII Selling Pressure – Weekly Closing Report

On Monday, 2209 stocks advanced, 1470 declined and 199 remained unchanged, with an advance decline ratio of 1.50 on the Bombay Stock Exchange (BSE), indicating a positive closing of stocks in broader markets. Markets opened the week with a gain of more than 0.5%, following encouraging global signs. Beaten-down sectors of the previous sessions, such as IT, metals, power, and oil & gas stocks, performed well while a strong buoyancy in Asian and European indices boosted the local market confidence. ....

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Nifty, Sensex Down on Downgrade of US sovereign debt - Wednesday Closing Report

On Wednesday, 1176 stocks advanced, 2428 declined and 134 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 0.48 indicating a negative closing of stocks in broader markets. Following Fitch Ratings downgrading of the United States sovereign credit rating from AAA to +AA, markets around the world, including Indian Equities, came under pressure. India s VIX surged 10% indicating market volatility. Additionally, poor economic data from China, the Eurozone, and the United States lowered investor confidence. Markets may continue to be muted. ....

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