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Today The Nifty extended losses for fifth straight session and closed at two-week low as Greece concerns hit global markets. The European markets fell after the European Central Bank stopped accepting Greece bonds. The 50-share index ended at 8,711.70, down 12 points or 0.14 per cent.
It plunged after hitting an intraday high of 8,838.45. The index touched intraday low of 8,683.65 today. The S&P BSE Sensex closed at 28,850.97, down 32.14 points or 0.11 per cent. It swung 524.54 points from intraday high of 29,277.83 to slip to intraday low of 28,753.29 today.
Volatility ruled the roost as key benchmark indices extended gains in mid-afternoon trade. The barometer index, the S&P BSE Sensex, hit its highest level in almost a week. While the Sensex, and the 50-unit CNX Nifty, both, surged, there was lack of strength in the broad market. The market breadth indicating the overall health of the market was negative.
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Today The Nifty extended losses for fifth straight session and closed at two-week low as Greece concerns hit global markets. The European markets fell after the European Central Bank stopped accepting Greece bonds. The 50-share index ended at 8,711.70, down 12 points or 0.14 per cent.
It plunged after hitting an intraday high of 8,838.45. The index touched intraday low of 8,683.65 today. The S&P BSE Sensex closed at 28,850.97, down 32.14 points or 0.11 per cent. It swung 524.54 points from intraday high of 29,277.83 to slip to intraday low of 28,753.29 today.
Volatility ruled the roost as key benchmark indices extended gains in mid-afternoon trade. The barometer index, the S&P BSE Sensex, hit its highest level in almost a week. While the Sensex, and the 50-unit CNX Nifty, both, surged, there was lack of strength in the broad market. The market breadth indicating the overall health of the market was negative.
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