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IT sector bloomed despite poor results yesterday, still a neutral market today!!!

The overall market was neutral with just 0.14% of positive. The main reason for decline as shown by sectorial idices has been public sector units banks with 0.65%negative result. IT sector after the poor show yesterday showed a great comeback today with 8 stocks advancing and just 2 stocks declining. Top 2 positive stocks were KPIT with turnover of 12.08 crores, 3.33% of positive change & TCS with 527.48 crores turnover, 2.99% of positve change. Only two stocks showed negative change in IT sector one is TECHM with -0.90 change & TATA ELXSI with -1.02 change. 

Today was the bad for PUBLIC SECTOR UNIT BANKSwith only 2 advances and 8 decline and -0.65% change. only two banks  ALBK & BANK OF BARODA showed 2.11% and 0.06% of positive change respectively, whereas 8 other banks showed negative change, top 2 banks of those were PNB & UNION BANK who showed -1.41% and -2.17 respectively.

So, here we can say that apart from IT sector which made an amazing comeback from yesterday bloomed its feathers out, it was a neutral day as far as overall market is concerned.

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