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Sensex slips from 14-month high, ends 109 points lower

Category :India Sub Category :National,Business
2009-08-04 00:00:00
   Views : 574

Mumbai, Aug 4 - A day after key market indices across the world touched levels not seen in many months, investors chose to go slow Tuesday, forcing a key index of the Indian equities markets to close 109 points lower, after touching its 14-month high Monday.

The 30-scrip benchmark sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened higher at 15,940.1 points, ended trade on a low, moving down 93.25 points or 0.59 percent to 15,830.98 points.

The Nifty of the Indian National Stock Exchange (NSE), too, shut shop in the red at 4,680.5 points, down 0.66 percent.

Broader market indices closed mixed, with selling pressure pushing the BSE midcap index down 0.24 percent, while the BSE smallcap index ended 0.32 percent higher.

Telecom, healthcare, power and realty stocks were among the ones that came under selling pressure, while some consumer durables and auto stocks found favour among buyers.

The market breadth was positive with 1,480 stocks advancing, 1,242 declining and 72 remaining unchanged.

Among the gainers on the Sensex were Hindalco, up 4.39 percent at Rs.112.95; Hindustan Unilever, up 3.3 percent at Rs.




Author :Indo Asian News Service



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