Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Markets »
Open DEMAT Account in 24 hrs
 Market Top Losers 18/5/2023
 Market Top Gainers 18/5/2023
 Top Ranked Mutual Funds 18/5/2023
 Market Top Losers 4/5/2023
 Market Top Gainers 4/5/2023
 Top Ranked Mutual Funds 4/5/2023
 Market Top Losers 19/04/2023
 Market Top Gainers 19/04/2023
 Top Ranked Mutual Funds 18/04/2023
 Top Ranked Mutual Funds 14/03/2023
 Market Top Losers 17/01/2023

Weak global cues drag markets down
October, 28th 2009

Following losses in overseas markets, the key benchmark indices were trading lower in the early trades today. The Sensex was down 84 points at 16,268 levels and the Nifty dropped 0.5 per cent to 4,821.

Some selling pressure was seen in metal, realty and banking stocks. The realty index on the BSE shed 1.9 per cent and the BSE bankex lost 1.4 per cent. The metal index also slipped 1.3 per cent. 

Among the Sensex stocks, ICICI Bank led the losers. The stock fell 3.3 per cent in early trades. Tata Steel, SBI and DLF were the other major losers in the pack. The stocks fell over 2.4 per cent each.

However, Wipro was the biggest gainer in the group. The stock rose 1 per cent. ACC, M&M and HUL were the other main gainers in the pack.

In US, stocks mostly fell on Tuesday as mixed reports on home prices and consumer confidence gave investors little incentive to step into the market.

Rising energy stocks and a decision by IBM Corp. to double its stock-repurchase plan, however, propped up the Dow Jones industrials.

The Dow rose 14.21, or 0.1 percent, to 9,882.17. The broader Standard & Poor's 500 index fell 3.54, or 0.3 percent, to 1,063.41, while Nasdaq fell 25.76, or 1.2 percent, to 2,116.09.

Asian markets also declined today amid losses in US markets. Hong Kongs Hang Seng shed 1.6 per cent and Japans Nikkei dropped 1 per cent. South Koreas Kospi was down over 2 per cent.

 

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting