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Indian stock markets remained in red past weekend with benchmark indices inclusing Bombay Stock Exchange's SENSEX declining by 1.4 percent in this week. The BSE Mid cap and the BSE Small cap indices lost around 0.2% each. Indian stock markets took cues from European stock markets. Meanwhile rating agency standard and Poor downgraded the indian markets to negative which might affect the foreign investments for some time.
BSE's SENSEX ended the week at 17134.25 and NIFTY closing the week at 5190.60 . Foreign investors have taken out their 777 crores from indian stock markets. Outlook for next week looks grim until government takes some immediate steps for boosting FII sentiments.
BSE's SENSEX ended the week at 17134.25 and NIFTY closing the week at 5190.60 . Foreign investors have taken out their 777 crores from indian stock markets. Outlook for next week looks grim until government takes some immediate steps for boosting FII sentiments.
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