11 July 2011

Nifty trades with moderate loss


Equity benchmarks continued to trade lower with moderate loss on the back of selling in technology, financial, metal, realty and cement companies' shares. Bharti Airtel and BHEL too were adding some more pressure on the market, with falling 0.8% & 1.8%, respectively.
The market was also reacting to weak global cues, tracking second quarter earnings season and European leaders meet on Italy concerns. Asian markets were down 0.5-1%.
The 30-share BSE Sensex was trading at 18,807, down 50 points and the 50-share NSE Nifty fell 19 points to 5,641.  

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