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Stock Markets

It may have been a record year for IPOs, but investors need to be cautious, as the Sensex has breached the 20,000-level.

The 30-share benchmark Sensex, which plunged over 4 per cent in last 4 trading sessions, settled at 19,405.10, reflecting a jump of 268.49 points, or 1.4 per cent.
Investors are now shifting their money from the secondary market to the primary market to get assured returns, say analysts.
The market is expected to be squeezed in the bear hug for another week at least, with China hiking its reserve ratio by 0.50 per cent late on Friday.
The 30-share Sensex slumped by 448.83 points to end the week at 19,136.61, its lowest closing level since September 9. Nifty also fell by 138.35 points.

The Bombay Stock Exchange benchmark shed 142 points, amid massive sell-off in realty and financial stocks triggered by the home financing racket.

The 30-share BSE benchmark, which had plunged to two-month low in the previous week, bounced back and gained 372.15 to 19,957.59, its biggest surge since November 4.
The 30-share BSE benchmark Sensex had closed below the 20,000-mark on Tuesday, down about 445 points - its biggest decline in six months - on frenzied profit-booking.
Snapping three days of losses, the Sensex closed higher by 152.80 points, at 20,309.69. The key index had lost over 775 points in previous three trading sessions.