Showing posts with label Bombay Stock Exchange. Show all posts
Showing posts with label Bombay Stock Exchange. Show all posts
Sensex slips over 332 pts in opening trade
Thursday, May 20, 2010
The Bombay Stock Exchange standard Sensex fell on the day 332 points in breach trade on strong sales of funds in the middle concerns about the euro area debt disaster.
The 30-share index, which had 111.19 points in preceding session, shed 332.65 points to 16,187.03 in the first five minutes of buy and sell.
All sectors, indices, led by realty and metal was trade in negative zone with losses of up to 3.20 percent.
Similarly, the wide-based National Stock Exchange's index Nifty cut down by 105.30 points to 4,842.30 points.
Marketmen said investor sold shares heavily after a steep drop in U.S. and Asian equities market, concern that European fiscal crisis could deepen additional.
At the same time dropped the U.S. Dow Jones manufacturing Average by 3.60 per cent lower in yesterday's trade, while Japan, the Nikkei fell by 2.51 percent in morning trading today.
Sensex Plunges 230+ Pts, ICICI Falls 4 Pct
Tuesday, May 18, 2010
The Bombay Stock Exchange benchmark Sensex today tanked over 231 points in opening trade as funds sold heavily in line with the meltdown in overseas markets.
The 30-share index, which gained 40.20 points in yesterday's volatile session, slumped 231.11 points, or 1.36 per cent at 16,644.65 points.
All the sectoral indices, led by metals and banking, were trading in the negative zone with losses up to 1.53 per cent.
The wide-based National Stock Exchange index Nifty fell below 5,000-points level to trade 70.80 points, or 1.39 per cent down at 4,995.40.
Stock brokers said heavy selling by funds and retailers following a steep fall in the US and Asian bourses after Germany's moves to tighten financial regulation, was mainly responsible for the downfall in the market.
Sterlite Industries fell by 2.61 per cent to Rs 670, Tata Steel by 1.77 per cent to Rs 522.
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