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Markets making new lows – down 6.5%,Sensex below 14000

Budget has given a big hit to the stock markets the indices are down almost 7% and 9% from the day`s highs with the nifty trading at 4130 and sensex at 13975 down 933points. The panic selling is being seen from all the sides institutional as well as retial. the counter which have taken the hard hit are Banking, Infrastructure, Fianancial . These were the sectors which saw a rally in past few days on budget euphoria

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