AUG 15 FRIDAY

SENSEX ENDS DOWN ON INFLATION WOES.

Profit booking in Reliance Industries and selling in intrest

rate sensitive sectoes such as banks and real estate on

concerns that inflation may hit a fresh 13 year high.

led shares lower for the thirs consecutive seesion

on Thursday.

The Bombay Stock Exchange 30 stock sensitive index

or sensex fell 368.94 points or 2,4 % lower to end at 14724.18.

Participants expect the sensex to fall more on Monday if Crude

prices continue to rise .

Stock markets will be closed on Friday due to National

Holiday.

On the National Stock Exchange , the 50 stock S&P

CNX Nifty declined 98.35 points or 2.2 % lower to

close at 4430.70.

LOSERS OF THE DAY

ICICI Bank fell 5.2 % to Rs 673.25.

State Bank of India declined 6.2 % to Rs 1458.20

DLF closed 8.7 % lower at Rs 501.10

Reliance Infrastructure fell 7.7 % to Rs 985.45

Larsen declined 4.8 % TO rS 2660.55

Reliance Industries fell 2.8 % to Rs 2275.30

However select Technology firms gained on expectation

that they wont be affected by rising crude oil prices or

inflation.