Home

Indian Markets Friday Wrap-Up: India Markets Sole Asia Loser

Submitted by Free Investing on Fri, 01/08/2010 - 07:34

Equitymaster submits: The Indian markets had a rather volatile session today. After oscillating to either side of yesterday's close for a larger part of the session, selling activity finally took toll pushing the indices into the red. There was no respite in the final trading hour as well and the markets closed well below the dotted line. While the BSE Sensex closed lower by around 75 points (down 0.4%), the NSE Nifty lost around 18 points (down 0.3%). The BSE Midcap closed flat, while the BSE Smallcap gained around 0.4%. Losses were seen in IT, banking and metals stocks. Barring India, most Asian indices closed in the green today while the European indices have opened on a mixed note. The rupee was trading at Rs 45.78 to the dollar at the time of writing. Complete Story »