SENSEX SLIPS 0.4 PCT IN EARLY TRADE; RIL, ITC, HDFC BANK DOWN
DATE: 16/04/2012
The BSE
Sensex slipped as much as 0.4 per cent early on Monday with RIL, ITC and HDFC
Bank leading the losses. The broader 50-share NSE index was down 0.2 per cent
to 5,195.20.
"This week, market will keep a close eye on WPI data which will be out on Monday, April 16th. The data is widely expected to give direction to the RBI policy meet which is scheduled for Tuesday, 17th April,"
"This week, market will keep a close eye on WPI data which will be out on Monday, April 16th. The data is widely expected to give direction to the RBI policy meet which is scheduled for Tuesday, 17th April,"
He further added, the short term trend for the Nifty is negative and the index is expected to move lower till 5125 while the reversal of the trend is pegged at 5400 levels.
At 9:20 a.m., the 30-share BSE index was trading 0.2% lower at 17,051.16 points led by losses in ITC (down 0.3%), RIL (down 0.8%) and HDFC Bank (down 0.3%).
Top Sensex gainers include SBI, which was trading 1.1% higher and DLF Ltd was trading at Rs 199.55, up 0.7%. POWERED BY: THE ECONOMIC NEWS
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