SENSEX SLIPS BELOW 17,000; ICICI BANK, INFOSYS, L&T DOWN
Date : 28.03.2012
The BSE Sensex
slipped below its psychological level of 17,000 early on Thursday with ICICI
Bank, Infosys and L&T leading the losses. The broader 50-share NSE index
was down 0.9 per cent to 5,145.40. www.goldennifty.com
According to
experts, market is likely to remain choppy and turn volatile as the session
progresses towards expiry of March F&O series. www.goldennifty.com
"In the
current expiry, Nifty has already broken down by almost 5% compared to February
at this point in time. Today being the last day of expiry, there could be
volatility and we might see a clear trend from tomorrow," www.goldennifty.com
Nifty sustains
levels below 5170 and 17000 on the Sensex, in that case there is a possibility
we may head lower from these levels and immediate support is then seen at
levels around 5100 and 5000 on the Nifty, www.goldennifty.com
The 30-share BSE
index was trading 0.7% lower at 16,992.16 points led by losses in ICICI Bank
(down 1.06%), Infosys (down 1.3%) and L&T (down 1.6%).
Top Sensex
gainers include Sun Pharma, which was trading 0.3% higher and Hindustan
Unilever Ltd was trading at Rs 413.50, up 0.3%. www.goldennifty.com
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