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Greetings from LiveBombayStockExchange. It turned out to be a red day at Indian stock markets with benchmark indices including BSE's SENSEX and NSE's NIFTY closing down. Reduction in economic growth percentage to 5.7 percent by Finance ministry lowered investor sentiments thus ending the day with sellers outnumbering buyers at stock markets.
Reserve bank might cut lending rates by 25 percent tomorrow as inflation is lower then expected. The benchmark 30 component SENSEX declined by 72.83 points, to end the day at 19,244.42 . Whereas NSE's broader index NIFTY declined by 21.70 points, to end at 5,857.90 . Stocks in IT sector remained in red today with both TCS and INFOSYS declining. Stocks of Bharti Airtel declined by 3.8 percent today.
Reserve bank might cut lending rates by 25 percent tomorrow as inflation is lower then expected. The benchmark 30 component SENSEX declined by 72.83 points, to end the day at 19,244.42 . Whereas NSE's broader index NIFTY declined by 21.70 points, to end at 5,857.90 . Stocks in IT sector remained in red today with both TCS and INFOSYS declining. Stocks of Bharti Airtel declined by 3.8 percent today.
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