1. A relief rally at BSE has boosted the morale of investors. It was a weak where the Indian market showed strength despite weak global cues.
2. A number of worries like poor global cues, falling IIP numbers, dismal corporate results, ICICI's subprime woes and rising commodity prices are affecting the market.
3. Sensex was down 1.1%, Nifty down 0.3% on week to week basis.
4. The CNX Midcaps index was down 1.4%.
5. BSE Smallcaps index was down by 3.9%.
6. The BSE IT index was down by 6%.
7. BSE Metal index was down 3.8%.
8. The only gainer through the week was BSE Oil & Gas index which was up by 4%.
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