Market Outlook (9 Apr 09)

At the time of writing (18th March), the Sensex closed at 8,976. We have been pointing out over the past three months that the weekly-closing of 8,700 was a crucial support to watch for. We had
maintained that, should this crucial level be broken decisively, it would mean that further decline was imminent. On the week-ended 6th March, the Sensex closed at the 8,325 giving investors a scare....

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