Domestic market has taken a sharp downturn on spiking oil prices. The NSE Nifty closed at 5367.5 down 79.25 points or 1.46% and BSE Sensex ended at 17878.81 down 271.06 points or 1.49%. Most analysts were watching crude oil movements carefully thinking that crude will bounce back with renewed energy and hurt market sentiments.
first published: Mar 18, 2011 05:52 pm
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