BSE Sensex fell 182 points to close at 19,137 and the NSE Nifty lost 48 points to close at 5,752. |
The Indian markets extended their losing streak to the fourth straight trading session and third consecutive week as investors remained worried about the fallout of the bribes-for-loans scam on the banking system and the real estate market. Today’s fall was led by persistent selling in Realty, Metals and Power stocks. The broader indices were among the worst hit today amid reports that brokers were offloading clients' shares to make up for the shortfall in margins. However, the BSE as well as the NSE clarified that there was no margin default on the part of any broker and that the trades were being settled on time. The BSE Sensex fell 182 points to close at 19,137 and the NSE Nifty lost 48 points to close at 5,752. All the BSE sectoral indices ended in the red, the BSE Realty index was the top loser the index lost 5%, followed by BSE Consumer durables index fell 4% and the BSE Metal index slipped 2.5%. The broader indices ended in red as well, the BSE Mid-Cap index was down by 3% and BSE Small-Cap index declined 4.5%. The European indices were trading mixed, the DAX in Germany was up 0.2%, the CAC 40 index in France was down 0.4% and FTSE index was trading higher by 0.2%. Outside the frontline indices, the big losers in the broader market were Adani Ent, BGR Energy, LIC Housing Fin, IFCI and DB Realty. On the other hand, gainers included IRB Infra, Petronet Lng, OBC and Motherson Sumi. |
Free Intraday Stock Tips and Stock Market News provider.
Friday, November 26, 2010
Sensex fell by 182 points and closed at 19,137
Posted on Friday, November 26, 2010 by share4win
| No comments
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment