Mumbai blasts rock D-street; down 100 points in early trade
Quotes

Mumbai blasts rock D-street; down 100 points in early trade

Last Updated: Thursday, July 14, 2011, 11:22
 
 Comment 0
 
Mumbai blasts rock D-street; down 100 points in early trade

Mumbai: The BSE benchmark Sensex declined by 100 points in early trade Thursday due to selling pressure in the IT sector after Moody's Investors Service said it may cut the United States' triple-A credit rating.

Bomb blasts in three places in Mumbai yesterday evening and weak Asian cues also dampened the market sentiment.

Among the 30-member Sensex pack, 23 stocks fell, while the remaining rose.

The BSE benchmark Sensex resumed lower at 18,563.69 and dropped further to 18,449.23 before quoting at 18,496.06 at 1015 hours, showing a net loss of 99.96 points, or 0.54 percent, from its last close.

The NSE'w 50-share Nifty also moved down by 27.55 points, or 0.49 percent, to 5,557.90 at 1015 hours.

The major losers were M&M (down 1.77 percent), Infosys (1.66 percent), Hero Honda (1.20 percent), ONGC (1.10 percent), Rel Com (0.97 percent), Wipro (0.89 percent) and Hindustan Lever (0.86 percent).

Asian stocks fell in early trade after Moody's on Wednesday said it may cut the United States' triple-A debt rating. The key benchmark indices in Hong Kong, Japan, Singapore, Taiwan and South Korea were down by about 0.14 percent to 0.72 percent, while indices in China and Indonesia rose by between 0.06 percent and 0.14 percent.

PTI




First Published: Thursday, July 14, 2011, 09:51


Comments


comments powered by Disqus
World`s Top 10 Powerful Women
World`s Top 10 Powerful Women
New Age XUV500
New Age XUV500
Renault Kwid
Renault Kwid
Tata GenX Nano
Tata GenX Nano
2015 Indian Roadmaster
2015 Indian Roadmaster

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved