| Wkly Tech Analysis: 17000 beckons Sensex |
| Rex Cano / Mumbai September 23, 2007 |
| The markets began the week on a soft note, but ended with a bang, thanks to the bold 50 basis points rate cut by the US Federal Reserve. The Sensex started with a loss of 200 points, but it ended with a hefty gain of 960 points. In the process, the index crossed a new landmark of 16,000 and also registered its biggest-ever, single-day gain of 654 points during the week. The index swung in a broad range of 1,149 points |
