Submitted by TheIndiaStreet on September 29, 2007 - 9:56pm.
Indices break records; no respite yet for the bulls
Sundaramurthy Vadivelu
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The Nifty closed at 4464 on August 31, losing 64.85 points or 1.43% last month. The long lower shadow indicates that the lower side volatility was high i.e. attempt was made to push the index down but the bulls managed to close it near the open.