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Showing posts with the label Market News 18-12-2007

Mkts end in dep red; metal, bank stocks drag

Mkts end in dep red; metal, bank stocks drag (moneycontrol.com 18th Dec 2007) The markets opened on weak note toady and proceeded to trade weak for most part of the the day amid sharp volatility and ended with deep cut. Metal, banking, power, cap goods and realty stocks traded under pressure for most part of the day, however pharma, durables and FMCG stocks remained firm. Market breadth remained negative throughout the day. It was disappointing day for the midcap and smallcap counters which has been outperforming the frontliners for some time. Volume in today's trade was quite appreciable. Sensex closed down 181.71 points or 0.94% at 19079.64, and the Nifty ended with a cut of 34.70 points or 0.60% at 5742.30. BSE midcap ended down 0.13% at 9093.84 and BSE smallcap was down 0.18% at 11818.12. On BSE, about 1368 shares advanced, 1686 shares declined, and 41 shares remained unchanged. On NSE, 451 stocks advanced and 764 stocks declined. BSE auto index ended down 0.08% at 5564.87. E...

Market News

Asian markets in red; Nikkei down 117pts (Business Standard 18th Dec 2007)Asian markets are once again weak this morning following negative cues from the US markets. Hang Seng has shed 399 points at 26,198. The Nikkei has plunged 117 points to 15,132.The Taiwan Weighted index has dropped 64 points to 7,767. The Straits Times has slipped 21 points to 3,333, the Seoul Composite index has declined 35 points to 1,860. FIIs' net sell Rs 2,197cr in F&O on Monday (Business Standard 18th Dec 2007) The Foreign Institutional Investors (FIIs) were net sellers to the tune of Rs 2,196.83 crore in the futures & options segment on Monday. Wall St slumps; ADRs tumble (Business Standard 18th Dec 2007) The Wall Street tumbled on Monday on fears of a possible stagflation - as credit worries continued amid rising prices. The Dow Jones industrial average slumped 173 points to 13,167. The Nasdaq plunged 61 points to 2574. Upcoming US reports may add to market turbulence (The Hindu Busienss L...