It was another wobbly session for the Indian equity benchmarks on Monday, shattered by the sell-off in almost all sectors. Financial, capital goods, technology, realty and metal sectors were the major draggers in trade today. Heavyweight Reliance Industries too added more pressure in the last couple of hours of trade.
It was looking like sharp recovery in the morning trade after Friday's steep fall due to Infosys' poor EPS guidance for FY12 - the Sensex had added more than 250 points but those gains could not sustain on the back of profit booking as well as fresh shorts build-up. The 30-share BSE Sensex plunged 296 points, to close at 19,091, after shedding more than 550 points from day's high of 19,649.22. Read full story click here
It was looking like sharp recovery in the morning trade after Friday's steep fall due to Infosys' poor EPS guidance for FY12 - the Sensex had added more than 250 points but those gains could not sustain on the back of profit booking as well as fresh shorts build-up. The 30-share BSE Sensex plunged 296 points, to close at 19,091, after shedding more than 550 points from day's high of 19,649.22. Read full story click here
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