It was a bad day for the market. Yesterday, the market looked sluggish. Today, the weekly closing is not auguring very well. We are languishing at 5720, which is not very far away from 5700 support. It has not been a good day of trade for largecaps or midcaps.
The worst part is that the most important sector in the market, the financials, is leading it down. It is a bad combination of financials and infrastructure stocks have been pulling the market down for the last couple of days, after the market was jolted by stocks like Reliance. It
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