Sensex falls 256 points as profit booking kicks in

Monday, August 31, 2009
Print Print Email Email
News Content Image

Mumbai: A key index of the Indian equities markets closed 256 points (1.61 percent) lower Monday ending a seven-day rally as investors booked profits. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 15,812.15 points, ended at 15,666.64 points, down 255.70 points or 1.61 percent. The stock for 52-week chart is given on left. The broader-based Nifty of the National Stock Exchange (NSE) closed lower at 4,658.3 points, down 1.56 percent. Broader market indices, however, managed to close in the green, with the BSE midcap index closing 0.21 percent higher and the BSE smallcap index ending 0.41 percent up. IT, metal and oil and gas stocks trended lower today. The BSE IT index fell 2.3 percent and the BSE metal index dropped 2.2 percent. Infosys, TCS, Wipro and HCL Tech fell over two percent each. Welspun Gujarat, Tata Steel and Hindalco were the biggest losers in the metal space. The stocks fell over 3 per cent each.
Source: IANS
Looking For Loan? Let us Help you !!!
Loan Amount
Annual Income
Preferred banks
Type the characters you see in the picture
90% of developing economies
Ninety per cent of developing economies, including India are falling behind or are at risk of fall..
Bharti Airtel board approves
Telecom major Bharti Airtel on Thursday said its board of directors has approved fund raising ..
Banks need to raise own capital
Public Sector Banks (PSBs) may raise capital themselves to meet regulatory and growth ..
Brookfield to buy RIL E-W Pipeline
Canadian investor Brookfield has acquired the loss-making East-West Pipeline Ltd from Mukesh Amba..