Business Standard

Post-expiry consolidation on the cards

TECHNICALS

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Vijay Bhambwani Mumbai

The capitalisation of the breadth was positive too as the commensurate figures were Rs 11,866 crs : Rs 8,197 crs. The F&O figures indicated a sustained short covering on expiry day, which led to a steep rally in the final hour of trade.

The markets have closed at the upper end of the intraday band as the bears covered at lower levels

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First Published: Jun 27 2008 | 12:00 AM IST

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