It was a terrible week for the Indian market as the global woes
continued. The slide of crude, lower inflation numbers and rate cuts,
all positive factors were ignored by the Indian market. Today Sensex
closed below the crucial 10000 mark. The poor weekly figures are:
Sensex was down 5.85%, Nifty down 7%. BSE Midcap index was down 1.2%
and BSE Smallcap index down 4.4% over the week. BSE Realty index and
BSE Metal index both down 12%, BSE Oil & Gas index down 11.5%, BSE
Consumer Good index down 9.5%, BSE IT index and BSE Power both down
5%, BSE Auto index down 4%. Only BSE Bankex index was up 3.7%.

Ravichandran K.
www.kences1.blogspot.com
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