On weak global cues and credit concerns of European markets, our markets closed in deep red. During the morning trade, the Asian stocks traded lower as Fitch Ratings slashed Greece’s credit rating and Standard & Poor’s declared that Italy’s rating was at risk, deepening concern over Europe’s sovereign debt crisis. Further, the Japanese market plunged, as manufacturers of construction equipment fell after Nomura Holdings Inc. stated that demand in China will drop. Bse Sensex was down by 332.76 points to close at 17,993.33, CNX Nifty was down by 99.80 points to close at 5,386.55.
Today early morning recommended scrip which is expected to provide more than 100% of returns with in very short term, today locked at upper circuit in the early morning trade and closed in green with 1.6% profit for the day.
Our multibagger stock madhusudan securities again started hitting continous upper circuit.
Scooters india which was recommended earlier at that time it provided 25% returns, it again started hitting continuous upper circuits.
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