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Friday, August 20, 2010
Profit making drags BSE's SENSEX | NSE's NIFTY down
The 30 share benchmark index BSE's SENSEX is down by 76 points on profit making by the investors today and Indian stock markets would close in red today because of the selling witnessed at BSE and NSE.
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The broader index National Stock Exchange's NIFTY is also down by nearly 25 points.
Broader markets indices are also subdued, with the BSE midcap index 0.19 percent down and the BSE smallcap index trading 0.23 percent higher.
Market breadth was negative with 1,395 scrips advancing, compared to 1,402 stocks declining and 108 remaining unchanged.
It may be recalled that this selling is due to increase profit-booking by investors after strong gains in previous two sessions pulled the Sensex down. The selling surther increased as weak data arrived from US yesterday.
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