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Bulls, bears and ballot

Plenty of action and reactions will ensure volatility rules, with election results looming

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Madhya Pradesh CM Shivraj Singh Chouhan and BJP State President Rakesh Singh interact with party candidates contesting State Assembly elections through audio conferencing, after exit polls. Pic/PTI

Madhya Pradesh CM Shivraj Singh Chouhan and BJP State President Rakesh Singh interact with party candidates contesting State Assembly elections through audio conferencing, after exit polls. Pic/PTI

Markets were super volatile and, at the end of the week, one was confused as to their movement in the coming week. BSESENSEX lost 521.05 points or 1.44 per cent to end at 35,673.25 points. NIFTY lost 183.05 points or 1.68 per cent to close at 10,693.70 points. The broader indices saw the BSE100, BSE200 and BSE500 lose 1.77 per cent, 1.77 per cent and 1.79 per cent respectively. BSEMIDCAP lost 1.07 per cent and BSESMALLCAP was down 0.53 per cent.

The top sectoral gainer was BSE TECH up 1.68 per cent followed by BSE IT 0.77 per cent. the top loser was BSEHEALTHCARE down 4.71 per cent followed by BSEAUTO 4.40 per cent and BSEMETAL 2.98 per cent. In individual stocks, the top gainer was Kotak Bank up 4.06 per cent. The top loser was Sun Pharma, down 16.45 per cent followed by Mahindra and Mahindra 8.73 per cent, and Aurobindo Pharma 7.16 per cent.

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