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Nifty now below 100 DMA

Posted on: November 3rd 2009 in Market Outlook.

Nifty managed to close today at 4563, dipping more than 145 points (-3.14%). Sensex fell 491 points to end at 15,404. Markets opened lower due to weak Global ques and failure of any positive news back home. Lower European markets further added to the weakness. The main sector hit today w…

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