Saturday, February 25, 2012
Indian Share Market Outlook For The Next Week
The upsurge in the markets came to a halt this week with both benchmark indices closing with significant losses.
Realty, banking and capital goods were the worst performers during the week. The Sensex was down 2% while the Nifty lost 2.5% during the week.
The CNX Midcap index was down 4.5%, BSE Smallcap lost 3.7% and the Bank Nifty closed with 5% loss over the week. The BSE Auto was down 3%, BSE Power lost 3.3% and BSE Capital Goods closed with 5% loss. The BSE Metal was down 4.5% while BSE Realty lost 7.3% over the week.
The top Nifty gainers during the week were BPCL, TCS, Power Grid andITC while the biggest losers included Sterlite Industries, JP Associates, DLF and Axis Bank.
NIFTY TECHNICAL OUTLOOK FOR NEXT WEEK.......CLICK HERE
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