PLUWAR'S INDIAN MARKET REPORT as on 14-May-2012
Indian shares fall on inflation, global risk aversion
India shares fell for a fifth session in row on Monday as higher-than-expected inflation reduced the prospects of further interest rate cuts, while a spike in global risk aversion further dented sentiment.
Trading was also marked by an issue with the confirmation of orders in the National Stock Exchange's Nifty futures, though trading later resumed as normal
India's main 30-share BSE index provisionally fell 0.59 percent to 16,196.41 points, also marking its lowest since Jan. 16.
CLOSING INDEX:
SENSEX:
OPEN : 16,318.36 CLOSING : 16215.84
HIGH : 16,390.33 LOW : 16,124.82
CHANGE: -77.14 %CHANGE: -0.47%
NIFTY:
OPEN : 4,934.35 CLOSING : 4907.80
HIGH : 4,957.20 LOWS : 4,874.50
CHANGE: -21.10 %CHANGE : -0.43%
Indian shares fall on inflation, global risk aversion
India shares fell for a fifth session in row on Monday as higher-than-expected inflation reduced the prospects of further interest rate cuts, while a spike in global risk aversion further dented sentiment.
Trading was also marked by an issue with the confirmation of orders in the National Stock Exchange's Nifty futures, though trading later resumed as normal
India's main 30-share BSE index provisionally fell 0.59 percent to 16,196.41 points, also marking its lowest since Jan. 16.
CLOSING INDEX:
SENSEX:
OPEN : 16,318.36 CLOSING : 16215.84
HIGH : 16,390.33 LOW : 16,124.82
CHANGE: -77.14 %CHANGE: -0.47%
NIFTY:
OPEN : 4,934.35 CLOSING : 4907.80
HIGH : 4,957.20 LOWS : 4,874.50
CHANGE: -21.10 %CHANGE : -0.43%
NIFTY GAINER:
RANBAXY: 488.40
CHANGE: 10.60 %CHANGE: +2.22%
HIGH: 490.00 LOW: 475.75
NIFTY LOSSER:
CAIRN: 303.05
CHANGE: -14.25 %CHANGE: -4.49%
HIGH: 320.10 LOW: 301.10
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