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Today was a record breaking day in many aspects. The opening gap down for instance, we last saw something bigger way back in 2007. The net change for the day was a 3.5 standard deviation of daily returns, something we last saw in 2008. Not a single Nifty stock ended in positive territory, not even defensive stocks which got hit...
For a long time, we looked at only one Index when it came to the Indian Markets and that was the Sensex. Even years after Nifty had come into the picture, Sensex reigned supreme. While Bombay Stock Exchange is the oldest exchange in Asia, when it came to the Sensex, the whole concept is fairly recent having been first compiled in...
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