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Friday, February 18, 2011

Profit booking drags Indian stock indices down

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Good evening to all the esteemed visitors to livebombaystockexchange blog. The news from Indian stock markets like Bombay Stock Exchange and National Stock exchange at closing is bad as benchmark indices closed in red today. Investors booked profits after rally in couple of past trading sessions.

Shares of ADAG group were worst hit today due to selloff. ONGC also declined. National Stock Exchange’s broader index Nifty ended at 5458.95, down 87.50 points. The Bombay Stock Exchange's 30 component index Sensex closed at 18211.52, down 295.30 points today.

Major losers today were Reliance Communications (-6.80%), Reliance Infrastructure (-5.60%) and ONGC (-3.40%).

Market breadth was negative on the BSE with 2085 declines against 773 advances.

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Posted by himanshu Sharma at 7:22 AM
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