Index recovred from days lows, closes near to Intraday High.
BSE auto and Consumer Durable indices were the top losers among the sectoral indices, falling 3% and 2.6% respectively. Realty and FMCG indices were the top gainers, up 2.1% and 1% respectively. Reliance Infra and Bharti Airtel were the top gainers among sensex stocks, gaining 5.4% and 3% respectively, while M & M and Maruti plunged 8.2% and 5.2% respectively
Nikkei and Hang Seng plunged 6.4% and 5.1% respectively. European markets as well as US stock futures recovered smartly from lower levels. Nymex crude touched $ 47.36 in todays trade, the lowest level since May 2005. Weak European markets, fall in US index futures and dismal economic data which added to the concerns about the weakening domestic and global economy pulled the domestic bourses to intraday low in late trade.
Related Posts : 02-12-2008,
Indian Market,
MARKET OUTLOOK
Subscribe to:
Post Comments (Atom)
0 comments for this post