Saturday, June 27, 2009

CLOSING BELL


Though the markets made good a part of their losses during the final hours of trade, they ended the day in the red. The BSE-Sensex ended lower by around 50 points, while the NSE-Nifty closed lower by about 9 points. The overall decline to advance ratio was poised at 0.8 to 1 on the BSE. Barring select stocks from the oil and gas and power sector, selling activity was witnessed in stocks across sectors with the pack led by banking, metal, fmcg and consumer durable spaces.Most of the other Asian markets ended the day deep in the red today. The European indices are currently trading in the green. Rupee was trading weaker at 48.68 against the US dollar at the time of writing.

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