08 July 2011

Sensex down 220 points


Indian equity benchmarks retreated quite sharply in the late trade on Friday, with falling over 1% on profit booking. Metal space played spoilsport today after the group of ministers (GoM) approved Draft Mines & Minerals Development & Regulation Bill (MMDR Bill).
The 30-share BSE Sensex shed 220.26 points. It slipped below the psychological 19,000-mark to close at 18,858.04. Heavyweights Reliance Industries, TCS and ICICI Bank led this fall.

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