Market is constantly falling from since last four weeks and this week Nifty gave close below the crucial support of 4730. So next week even market is expected to be under pressure.
The European markets are trading weak. The FTSE index is down by 17 points, DAX index is down by 18 points and CAC index is down by 22 points.
The market breadth, indicating the health of the market was positive. On NSE, 802 shares advanced while 621 shares declined. Total of 69 shares remained unchanged.
Out of 50-share S&P CNX Nifty pack, 16 scrips advanced while 34 scrips declined. Ranbaxy was up by 3.73%, BHEL was up by 3.53% and LT was up by 3.33% were the top gainers from the Nifty pack.
Hindalco was down by 4.02%, RPower was down by 3.91% and Maruti was down by 3.86% were the top losers from the Nifty pack.
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