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Weekly Review: Sensex ends below 9K

Markets remained under constant pressure on fears of deeper impact of the global recession on Indian economy

Markets this week

The Sensex opened on a positive note on Monday but changed direction and closed more than two per cent lower following a spate of bad news from the domestic economy and weak global equity markets. The Sensex ended 252 points down at 8,839 while

Sensex ends below 9000

Equities ended sharply lower Friday as traders booked profits after a sharp rally in previous session. Benchmarks underperformed the broader markets as IT and metal heavyweights fell on weak global economic outlook.

Sensex closes below 9000; IT, realty plunge

Equities ended sharply lower on Friday as traders booked profits. Gainers: BSE (A, B), NSE | Losers: BSE (A, B), NSE | 52 Week: High, Low | Sectoral: Gainers, Losers

Sensex ends below 9K ahead of fiscal stimulus package

The benchmark indices witnessed profit booking and lost more than half of the gains seen on Thursday. Commodities, infrastructure, metal, FMCG and telecom stocks took huge beating on the bourses. Fall in European markets weighed on our markets as well.

Tech, oil, metal, bank stocks drag markets lower

Huge selloff in oil, metal, capital goods, power, technology, FMCG and select telecom stocks has weighed on the benchmark indices. Downtrend in European indices is also adding some pressure. The Sensex is trading below 9000 mark. The Nifty is slipping towards 2700 level.

HDFC among major losers

HDFC is among major losers on the Sensex. It had touched an intraday high of Rs 1,547.80 and an intraday low of Rs 1,419. At 2:39 pm, the share was quoting at Rs 1,429.90, down Rs 79.45, or 5.26%.

Sensex slips below 9k; European mkts trading weak

The cuts continue to get deeper in the markets. Oil, technology, power, capital goods, metal, FMCG and select telecom stocks are seeing huge selling pressure. Also, a selloff in European markets is weighing on our markets. The Sensex slipped below the 9,000 mark as well.

Sensex ends down 265pts, below 9,000

BSE IT index slipped over 4%; market breadth was bearish - out of over 2,150 scrips traded, 1,100 declined

Sensex has support at 91509020: ICICIdirect.com

According to ICICIdirect.com\’s report, the Sensex has supports at 9150 and 9020 and resistances at 9410 and 9470.