SBI likely to trend lower this week


LAST close (Feb 21): 97.41, up 0.87 of a point from a week ago. Week’s high: 98.28 points; Week’s low: 96.53 points.  

The Second Board Index (SBI) finished the week slightly higher after trading in a tight range. Over the last two weeks, the SBI had remained in lacklustre trading and fluctuated within a two-point range. This situation is likely to persist until we get to see a clearer picture on the Iraq crisis.  

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