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Taking Stock

Taking Stock
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First Published: Sun, Apr 12 2009. 11 55 PM IST
Updated: Sun, Apr 12 2009. 11 55 PM IST
New Delhi: The markets were open for just three days in the week gone by but the Sensex and Nifty continued their winning streak for the fourth consecutive week.
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The 30-share index gained over 300 points during the week, while the Nifty surged by 102 points.
The Sensex gained 186 points on Monday and closed at nearly a five-month high. Shares rose on Wednesday on speculative buying by foreign investors. And the markets were buoyed by inflation dipping to 0.26% on Thursday. Many sectors made good gains this week like realty, metals and Capital Goods. Top gainers for the week were Tata Steel, Reliance Infrastructure, L&T, Reliance Capital and Tata motors.
Top losers this week were from across sectors. ACC, BHEL, State Bank of India and Grasim were the top losers this week. Market experts however think the rally is peaking and the coming week may see some corrections.
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First Published: Sun, Apr 12 2009. 11 55 PM IST
More Topics: Sensex | Nifty | Shares | Foreign investors | Inflation |