HomeNewsBusinessMarketsDowntrend still intact, Nifty may see lower levels: Experts
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Downtrend still intact, Nifty may see lower levels: Experts

The Indian market snapped a three-day losing streak. The Nifty closed at 4,800.60, up 36 points. Today’s gain has not changed experts’ view on the market. According to them, the downtrend is still intact and the Nifty could head lower.

December 13, 2011 / 22:39 IST
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Moneycontrol Bureau

Finally! There is some respite for investors. The Indian market snapped a three-day losing streak. The Nifty closed at 4,800.60, up 36 points. The Sensex managed to climb back to the 16,000 level. It gained 132 points to shut shop at 16,002. Meanwhile, the Indian rupee touched a record low of 53.69 to the dollar today. Today
TAGS: #Alchemy Capital Management #BSE #Devangshu Datta #Dipan Mehta #Hiren Ved #Market #Market Edge #Nifty #NSE #Outlook #s2analytics.com #Sensex #Sudarshan Sukhani
first published: Dec 13, 2011 04:21 pm

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