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Indian stock market daily closing report (September 20, 2012)

Indian markets ended down 0.80% today on account of political uncertainty as the TMC, a key alliance to ruling U PA, withdrawn its support to the government. The global cues also remained wea k today on account of weak Chinese and French data. Buying interest was observed in IT sto cks today due to weakness in Indian rupee against the dollar. Wherea s the selling pressure is observed in retail stocks as the Trinamool Congress withdrew support fro m the UPA government.