LAST close (Sept 5): 117.18, off 4.51 points from a week ago. Week’s high: 122.12 points; week’s low: 116.41 points.
The Second Board Index (SBI) expanded on its downward wave last week on renewed selling pressure and closed the week at its lowest levels in three weeks. The downward correctional move over the last two weeks had resulted in the index returning almost 100% of its gains from the upward rally that started on the second week of August.
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