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Budget 2012-13: Sensex ends 210 pts down post Budget

The BSE Sensex dropped as much as 444 points from day's high of 17,871.00 amid huge volume on Friday, as a knee-jerk reaction to the Budget presented by the Finance Minister.

The BSE benchmark fell 209.65 points to end at 17,466.20, weighed down by 21 components. Meanwhile, the NSE benchmark fell 62.60 points or 1.16%, to close at 5,317.90.

The market was hugely disppointed as the Budget note was muted on most of the key factors like reforms and FDI. Displeased by the FM's non-action, most experts feel that Budget will be a forgotten matter soon and will follow global markets for liquidity.

Stocks To Watch :

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NIFTY FUTURE CHART :




Supp. 5258 / 5278 / 5301 / 5328 CMP: 5342.70 Resis. 5356 / 5385 / 5426 / 5462 !

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Market Updates : 

Karur Vysya Bank clocked volume of 33.40 lakh shares on BSE, a 62.09-times surge over two-week average daily volume of 54,000 shares. The stock lost 2.23% to Rs 372.85 !

Atlas Cycles (Haryana) notched up volume of 5.61 lakh shares, a 29.82-fold rise over two-week average daily volume of 14,000 shares. The stock locked 20% to Rs 394.25 !

Standard Chartered PLC clocked volume of 23.40 lakh shares, a 25.06-fold rise over two-week average daily volume of 93,000 shares. The stock was locked at 20% upper circuit at Rs 94.20 !

Hercules Hoists clocked volume of 9.66 lakh shares, a 20.49-fold surge over two-weekaverage daily volume of 29,000 shares. The stock surged 12.93% to Rs 285.25 !

ITC clocked volume of 64.12 lakh shares, a 7.96-fold rise over two-week average daily volume of 5.11 lakh shares. The stock rose 3.65% to Rs 216.10 !

Note : Data From Capital Market And Money Control !

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