New Delhi, July 15 -- Tremors continue to be felt across the board as the market took the wind out of our sails yet again. The constant volatility that we are now subjected too is resulting in high level of confusion. As uncertainty is very much present in the system the steps ahead will be more measured.

Indian equity markets closed sharply lower on 14 July as rising crude oil prices and weak global cues weighed heavily on sentiment. The Nifty 50 slipped below 24,100 early in the session, with selling pressure intensifying in IT, auto, and banking stocks. By the close, the Sensex had dropped 561 points to 77,054, while the Nifty fell 159 points to 24,052, both settling near their day's lows.

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SBICARD: Buy above Rs....