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Byline: Our Bureau
Global woes, high domestic inflation, falling rupee to blame
aTerrible' and apeculiar' is how market-men described calendar 2011. The benchmark indices fell 24 per cent and the Indian market was among the worst performer in the world during the year.
The BSE Sensex closed on Friday a the last trading day of 2011 a at 15,454.92, while the Nifty closed at 4,624.30. On January 3, 2011 a the first trading session of the year a the Sensex had ended the day at 20,561 and the Nifty at 6,157.
On Friday, both the Sensex and the Nifty closed down 0.5 per cent. The markets opened positive on the back of good global markets rally, but …