Headed Down?

The market is trying to fight off a slew of bad news

Over the past fortnight, we have seen the Sensex moving in the range of 17,290 and 16,210. You realise that the difference between the high made on 25th November and the low made just two days later on 27th—on fears that Dubai was going to go bankrupt—is just 1,080 points. In fact, even on the 26th morning, the Sensex was above 17,200, until...

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