It was a terrible end to a terrible week.
Indian market today also show vulnerability due to large selling pressure.
Nifty breaks the support level of 5700 and ends in 5654.55 (-97.35).
Since Nifty breaks 5700 level,experts expecting nifty in the 5400-5500 levels being tested over the next one-two months.
The next major support of Nifty is at 5590.
Sectorally, by the end of the day, it was all red.
The heavies losing were SAIL, HDFC, Axis Bank, Tata Motors, Maruti, Sterlite, GAIL. SBI, Reliance and L&T.
Regards Hari " लोका समस्ता सुखिनो भवन्तु "
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