MARKET SUMMARY UPDATE FOR 20 AUGUST 2008
The market ended with decent gains after it had posted losses
forthe last five successive trading sessions. However, it came
off from a intra-day high hit in late trade. Asian stocks
rebounded from a two-year low as Chinese shares surged
on hopes the government will introduce a stimulus package
to boostthe slowing economy and aid the stock and property
markets.European markets which opened after Indian
market were in green. The BSE 30-share Sensex rose
134.50 points or 0.92% to 14,678.23.At day's high of
14,746.20, the index gained 202.47 points in late trade.
At the day's low of 14,584.03, the Sensex was up 40.30
points in mid-morning trade. The S&P CNX Nifty rose
47.50 points or 1.09% to 4,415.75.
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