Sensex falls 155 points on weak global cues
The Sensex fell 0.88 per cent, or 155.02 points, at 17,486.06, as weak global markets encouraged investors to lock in profits in outsourcers such as Tata Consultancy Services and Infosys Technologies. - Jaiprakash Associates: Strong numbers - Market likely to remain in corrective mode - Markets end lower on late selling - Sensex ends down 176pts - Markets near day"s low - Markets languish in red The Sensex closed down with only seven of its components advancing. The Nifty extended losses in late noon trades as European markets opened in the negative. It further slumped to 5,218.65 as Tata Power declared lower-than-expected profit in the third quarter to close at 5,225.65, down 0.93 per cent, or 49.20 points. European markets were in the red in opening trades as global investors awaited key earnings report from the US. Asian markets also dropped in trades. The Nikkei dropped 0.83 per cent to 10,765. However, Hang Seng added 1.02 per cent to 21,678. Jigar Shah, vice-president, equity, Motilal Oswal, said, “Inflows by foreign institutional investors have been negative in the past few days. Lack of any great buying led to the decline today.” The BSE realty index dropped 1.75 per cent to 4,006.91 on profit-booking. It was followed by technology and health care sectors. However, Bankex and the consumer durables index rose slightly. Tata Power fell 1.5 per cent to Rs 1,420 on a drop in net profit in the quarter ended December 2009. Profit had jumped around 40 per cent to Rs 142 crore a year ago. Cements stocks also fell. ACC slumped 3.09 per cent to Rs 953. Grasim shed 2.34 per cent while Hindalco and TCS dropped around 2.5 per cent. Reliance Communications fell 2 per cent.12 month loan commented:
Nowadays Indian stock markets are looking weak and falling everyday. All the investors are g about the situatioon.
26.11.2011
12 months loans commented:
Brokers said investors turned cautious as political deadlock continued over the government\'s move to open multi-brand retail to 51 per cent foreign direct investment.
29.11.2011
Trade Forex commented:
The realty sector suffered the most, losing 2.32 per cent to 1,585.65, followed by banking index by 1.91 per cent to 9,911.10. Oil and gas index lost 1.84 per cent to 8,022.19 and consumer durables index by 1.39 per cent to 5,761.57.
05.12.2011
forex learning commented:
It seems that these markets are going to fall slitely. Asian markets also dropped in trades. The Nikkei dropped 0.83 per cent to 10,765. However, Hang Seng added 1.02 per cent to 21,678.
09.12.2011
forex learning commented:
It seems that these markets are going to fall slitely. Asian markets also dropped in trades. The Nikkei dropped 0.83 per cent to 10,765. However, Hang Seng added 1.02 per cent to 21,678.
09.12.2011
short term loans for bad credit commented:
Situation is much better now, but be prepare for some more to happen becuase Euro is about to crash.
25.01.2012
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26.01.2012
htc sensation xl deals commented:
Sensex Sentiment dampened on weak trend in the every stock markets, where investors remain worried over the debt crisis in the world nations.
26.01.2012