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Charts & Analysis

Indian Market Snapshot: Week Ended Sep 9, 2011

Markets went up 0.4% in a week of global turbulence, as most markets crashed and died. Till Thursday we were up more than 2% with Friday taking all the sheen off the move. At 18.26, the P/E still remains high, and volumes do indicate that there is interest in trading.

Nifty Snapshot

Sector wise, September has seen Auto outperforming (HeroHonda for instance, is up 10% for the month).

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