Trading in Indian Equity Market Basics

The S&P BSE Sensex turned choppy after rallying as much as 77 points in trade on Thursday, following muted trend seen in other Asian markets. The fall in the index was led by losses in HDFC, TCS, HDFC Bank and L&T.

Tracking the momentum, the 50-share Nifty index also came under pressure and the index was now trading below its crucial level of 8750, weighed down by losses in banks, capital goods, FMCG and power stocks. 

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