Sensex to encounter hurdle at 4940 points
For one more day, the market sentiment remained negative, and a large number of stocks showed narrow movement. The sentiment was down for the software stocks also. For the Sensex, immediate resistance exists at 4940 pts, and on the downside, it has a strong base at 4620 pts.

Pfizer holds little scope for gain from current level
Pfizer Limited's parent Pfizer Inc was twice named the world's most admired pharmaceutical company in Fortune magazine's annual survey. It is also one of the top 10 most admired companies in the world across all industry groups in Fortune's first "All Star" ranking.

IT scrips clobbered as Sensex sheds 26 pts
Weak market sentiment vis-a-vis software stocks was exposed on Thursday as a large number of these counters witnessed substantial selling. On the other hand, buying in a number of old economy stocks prevented the Sensex from a steep fall and the index closed 26.51 pts down at 4885.


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