Helping You Build Wealth With Honest Research
Since 1996. Try Now

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Mkts see broad based selling
Mon, 15 Dec 01:30 pm

Indian share markets have continued to hover close to the dotted line in the post-noon trading session. Most sectoral indices are trading in the negative with IT and realty stocks being the biggest losers.

BSE-Sensex is down 70 points and NSE-Nifty is trading 16 points down. The BSE Mid Cap and the BSE Small Cap index are both trading lower by 0.4% each. The rupee is trading at 62.65 to the US dollar.

Banking stocks are trading mixed today, with the gainers being led by Dena Bank and Indian Bank. As per a leading business daily, loan growth in the country has come in at a 4 month high. Bank credit was up by 11.3% at the end of November as compared to the previous year. Reportedly, there are indications of a rise in loans to the infrastructure sector, particularly roads. Further, industrial projects too are said to be taking off at the fastest pace in 3 years.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary


Equitymaster requests your view! Post a comment on "Mkts see broad based selling". Click here!