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Market summary in short ..because it seem chance of big rally

Wednesday, August 26, 2009 | Labels: | |


Whole day is witnessed to high volatility in market. There is great chance to earn in market even though higher volatility. After long time Infosys lead rally in market. This seems good news for IT sector.

Today most trader wind up their pending long term positions, before settlement. In past four session market add 880 points lead

OveralL day was quite volatile due to upcoming F&O expiry. Sensex closed at 15769, up 81 points (provisional) and Nifty was at 4680, up 21 points (provisional) from the previous close. CNX Midcap index was up 0.74% and BSE Smallcap index was up 1.97%. Market seem in positive outbreak. .

We can see some more upmove in the market in coming days but global cues will play quite important role in directing further direction to Nifty.

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