India | UK | US

India's Sensex falls 3.7 per cent - Summary

New Delhi - India's benchmark Sensex fell 3.68 per cent Thursday for its seventh-straight losing session on heavy selling sparked by drops in the US and Asian markets. The 30-share Sensitive Index of the Bombay Stock Exchange, which had lost more tha...
Posted : Thu, 20 Nov 2008 11:21:54 GMT
Author : DPA
Category : India (Business)
News Alerts by Email ( click here )
India Business News | Home
New Delhi - India's benchmark Sensex fell 3.68 per cent Thursday for its seventh-straight losing session on heavy selling sparked by drops in the US and Asian markets. The 30-share Sensitive Index of the Bombay Stock Exchange, which had lost more than 1,750 points over the past six sessions, fell by another 322.77 to close at 8,451.01.

Sectoral indices - including consumer durables, oil and gas, metals and banking - lost more than 4 per cent each. The major contributors to the decline were real estate major DLF, telecommunications company RCom and ICICI Bank.

Similarly, the broader 50-share Nifty index of the National Stock Exchange also dipped 81.85 points, or 3.11 per cent, to 2,553.15.

Weakness in the US market, where the key Dow Jones Industrial Average tanked 5.07 per cent Wednesday, impacted the Indian bourses, market analysts said.

Copyright, respective author or news agency

Share/Save/Bookmark

Article : India's Sensex falls 3.7 per cent - Summary
Print this article
Email this article

Stay Updated
News gadget on your Google homepage
Subscribe to a news feed in Google Reader



Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 

 

More India (Business) News click here
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark

 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases


The Earth Times
News Category

© 2009 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.