Tuesday, August 12, 2008

Closing Languish in red...


Though the markets pared off some losses in the previous trading hour, it ended well below yesterday's closing. While selling was witnessed across sectors, select stocks from the auto, FMCG, energy and power sectors garnered investors' inertest. As regards global markets, the Asian indices closed in the negative territory while, the European indices are witnessing a mixed trend currently.

The BSE Sensex closed 282 points lower, while the NSE Nifty closed lower by 77 points. The BSE Midcap and Smallcap indices also closed in the red, each down 1%. The rupee was trading at 42.36 to the dollar.

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