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Monday, August 10, 2009

SENSEX | NIFTY closes in red due to monsoon data

(posted under - BSE rates, NIFTY rates) - Finally monsoon worries had started taking on BSE's SENSEX and, NSE's NIFTY as both were colored in deep red today through out the trading sessions, Meanwhile Government of Bihar has declared drought in 26 districts officially so whether gods are playing havoc with the markets.


Bombay Stock Exchange’s Sensex closed at 15,009.77, down 150.47 points or 0.99 per cent. The 30-share index hit a low of 14957.93 and high of 15417.34 in today’s trade.

National Stock Exchange’s Nifty ended at 4437.65, down 43.75 points or 0.98 per cent. The index touched a high of 4562.50 and low of 4399.85.

BSE Midcap Index was down 1.71 per cent and BSE Smallcap Index slipped 1.95 per cent.

The worst hit were auto and FMCG stocks on concerns that poor rainfall would hit agriculture and impact GDP growth. India’s cumulative rainfall is deficient by 25% and 141 of India’s 593 districts have been declared as drought-affected.

Amongst the sectoral indices, BSE Auto Index was down 4.52 per cent, BSE FMCG Index slipped 2.96 per cent and BSE Realty Index declined 1.66 per cent. BSE IT Index was up 2.64 per cent.

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