Second board expected to move lower this week


LAST CLOSE (April 11): 93.83, off 0.21 of a point from a week ago. Week’s high: 96.41 points; Week’s low: 93.41 points. 

The Second Board Index (SBI) turned bearish after an early rally attempt last week and closed with slight losses. Light profit-taking selling of some speculative index-linked stocks pressured the index during late trading. 

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