Sensex fell down for
the sixth day with nifty slashing down to6150 point. Market opened and traded
in green for most part of the session but as of last 6 session till date index began to be in red with decrease to 6150
level down.
With a annoncement of
RBI to increase repo rate by 25basis point
on 18 th December . all the banking stock has been moving to red with
hdfc at 2.5
per cent to end atRs. 778.45. and state bank of india at fell 0.8 per cent toRs. 1,718.30.
But some of the
defending stocks such as health and
IT stocks, gained Ranbaxy closed with over 5 per cent
gains, while Cipla ended 3.2 per cent higher. Sun Pharma advanced 2.2 per cent.
Another factor measured on sentiments of US Federal Reserve
policy decision later this week. Fed will start to reduce its $85
billion-a-month bond-buying programme, 
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