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Tuesday, August 19, 2008
MARKET TREND
MARKET SUMMARY UPDATE FOR 19 AUGUST 2008
Fears of more losses from the US mortgage crisis globally hitdomestic bourses today. The market, however, recovered in latetrade to end marginally lower. From a recent high, Sensex has lost960 points, falling for fifth trading session in a row today.
Consumer durable, IT, Auto stocks fell. ACC fell more than 5%.Maruti Suzuki India fell close to 4%. Reliance Industries rose.Reliance Infrastructure spurted.
The BSE 30-share Sensex lost 101.93 points or 0.7% to 14,543.73. Atday's high of 14,604.11, the index lost 41.55 points in late trade.At the day's low of 14,368.72, the Sensex lost 276.94 inmid-afternoon trade. The S&P CNX Nifty was down 24.8 points or 0.56% to 4,368.25. Sensex has lost 960.19 points or 6.6% from a recent high of15503.92 hit on 11 August 2008. The barometer index is down5,743.26 points or 28.31% in the calendar year 2008 so far from itsclose of 20,286.99 on 31 December 2007. It is 6,663.04 points or31.41% away from its all-time high of 21,206.77 struck on 10January 2008. The BSE clocked a turnover of Rs 3955 crore today as compared to aturnover of Rs 3,847.50 on Monday, 18 August 2008.
Fears of more losses from the US mortgage crisis globally hitdomestic bourses today. The market, however, recovered in latetrade to end marginally lower. From a recent high, Sensex has lost960 points, falling for fifth trading session in a row today.
Consumer durable, IT, Auto stocks fell. ACC fell more than 5%.Maruti Suzuki India fell close to 4%. Reliance Industries rose.Reliance Infrastructure spurted.
The BSE 30-share Sensex lost 101.93 points or 0.7% to 14,543.73. Atday's high of 14,604.11, the index lost 41.55 points in late trade.At the day's low of 14,368.72, the Sensex lost 276.94 inmid-afternoon trade. The S&P CNX Nifty was down 24.8 points or 0.56% to 4,368.25. Sensex has lost 960.19 points or 6.6% from a recent high of15503.92 hit on 11 August 2008. The barometer index is down5,743.26 points or 28.31% in the calendar year 2008 so far from itsclose of 20,286.99 on 31 December 2007. It is 6,663.04 points or31.41% away from its all-time high of 21,206.77 struck on 10January 2008. The BSE clocked a turnover of Rs 3955 crore today as compared to aturnover of Rs 3,847.50 on Monday, 18 August 2008.
