Sensex down 57 pts during week ahead of RBI policy

28/10/2012 07:15 AST

In a cautious approach ahead of the RBI's second quarter monetary policy review on October 30, the BSE benchmark Sensex ended lower by 57 points in the week under review on profit booking mainly in consumer goods, FMCG and realty counters.

Both stock exchanges, BSE and NSE, were closed for trading on October 24 on account of 'Dussehra'

During the week, the market moved on either side in a narrow range in the backdrop of Q2 results, a broker said.

Selling was seen more in second-line stocks as retail investors preferred to book profits and decided to play safe ahead of the monetary policy review. As a result BSE-Smallcap and BSE-Midcap indices underperformed the 30-share Sensex.

For more on this Click Here


The Hindu Business Line

Most Viewed Companies

Ticker Price Volume
ALRAMZ 1.57 0

Global Major Indices

Index Closing Change
NIKKEI 225 36,581.76 -251.51 (-0.68%)
DAX 18,699.40 181.01 (0.97%)
S&P 500 5,626.02 30.26 (0.54%)

Recent News

The Fed has the proof it wants that inflation is slowing, but the next move is still up in the air

14/09/2024

Federal Reserve officials head into their policy meeting Tuesday closer to their goal of low inflation, but how much they will ease back on interest rates remains an open question.

A week's

AFP

Global markets down on trade war worries

05/04/2018

Stock markets recoiled on Wednesday as China retaliated in an escalating trade war with the United States, leaving investors reluctant to take positions in anything but the safest of assets.

The Gulf Today

Egypt to meet investors this week ahead of euro-denominated bond

04/04/2018

Egypt will start meeting bond investors in Europe this week ahead of a potential euro-denominated bond issue, a document from one of the banks appointed to arrange the meetings showed on Tuesday.

Gulf News

Foreign investment in France hit 10-year high last year

04/04/2018

Foreign investment in France rose 16 per cent in 2017 to levels not seen for a decade as President Emmanuel Macron's (pictured) bid to attract money from abroad gains pace, a government report said o

Oman Daily Observer

Japan's economy a tricky one to understand

03/04/2018

Explaining Japan's economy to foreign audiences is hard.
One big reason for this is that explaining something as large and complex as a $5 trillion economy is an inherently difficult task - the

The National

logo

Financial Information Co.

(MITCO), P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap