Sensex heavyweights attracted selling pressure on weaker Asian markets while REality stocks lost ground after RBI government remarks on interest rates. Markets had an uninterrupted run last week rising from 4925 levels to reach highs at 5170. The indices could move in a ranged manner and dance to global tunes but stock selective action would continue for this week. The levels of 5020-5025 are support zones while a move over 5160-5165 could take the indices higher to 5200+ levels for the day.
Wednesday, May 21, 2008
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