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Monday, December 12, 2011

Slower economic growth pulls SENSEX | NIFTY down today

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Indian stock markets saw heavy selling today as heavy fall in industrial output data and slowing indian economy brought bears at dalal street. Both BSE's SENSEX and NSE's NIFTY index closed down by nearly two percent today. Following are closing index prices for today:

SENSEX
12, Dec 2011 15870.35 Down(-343.11 pts) 		NIFTY
12, Dec 2011 4764.60 Down(-102.10 pts)		 MIDCAP
12, Dec 2011 5513.91 Down(-106.94 pts) 		SMALLCAP
12, Dec 2011 5960.48 Down(-93.03 pts)


30-share BSE index closed 343.11 points down at 15,870.35 today. It can be recalled that India sharply cut its economic growth forecast for the current fiscal year ending in March to between 7.25 percent and 7.75 percent from its original estimate of 9 percent.

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Posted by himanshu Sharma at 6:20 AM
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