Post Session- Sensex ends lower amid profit booking
09/09/2014 16:42
The key domestic benchmarks ended lower today as the Sensex shed more than 50 points led by declines in realty and IT stocks as investors and speculators booked profits after a record rally in the previous session. Further, investors stayed cautious ahead of the Supreme Court verdict on the coal block case amid fears that a mass cancellation of all coal blocks allocated since 1992 may weigh heavily on Asia’s third biggest economy. Further, investors are eying the consumer inflation data for the month of August and industrial output number for July which will offer further cues over the health of the Indian economy, to be released later this week
Asian stocks closed on a muted note today as China’s Shanghai Composite ended flat after technology and financial stocks dropped amid a surprise dip in the country’s imports last month. Hang Seng fell but Japan’s Nikkei 225 rose as a weaker yen bolstered the appeal of exporter stocks.
The BSE SENSEX closed at 27,265.32, down by 54.53 points or by 0.2 per cent, and the NSE Nifty ended at 8,152.95, down by 20.95 points or by 0.26 per cent.
09/09/2014 16:42
The key domestic benchmarks ended lower today as the Sensex shed more than 50 points led by declines in realty and IT stocks as investors and speculators booked profits after a record rally in the previous session. Further, investors stayed cautious ahead of the Supreme Court verdict on the coal block case amid fears that a mass cancellation of all coal blocks allocated since 1992 may weigh heavily on Asia’s third biggest economy. Further, investors are eying the consumer inflation data for the month of August and industrial output number for July which will offer further cues over the health of the Indian economy, to be released later this week
Asian stocks closed on a muted note today as China’s Shanghai Composite ended flat after technology and financial stocks dropped amid a surprise dip in the country’s imports last month. Hang Seng fell but Japan’s Nikkei 225 rose as a weaker yen bolstered the appeal of exporter stocks.
The BSE SENSEX closed at 27,265.32, down by 54.53 points or by 0.2 per cent, and the NSE Nifty ended at 8,152.95, down by 20.95 points or by 0.26 per cent.
