AUG 28 THURSDAY
EQUITIES TUMBLE AS OIL MOVES UP.
Shares fell 1.3 % on Wednesday to lowest close
in almost a week , as investor confidence was
rattled after oil rose for a third day.
Financial stocks fell as oil climbed above $ 117
a barrel , triggering worries , the Central Bank
may again tighten monetary policy to douse inflation
expectations.
All but 5 components in the Sensex fell. The bench
mark is down almost 30 % this year.
LOSERS OF THE DAY
ICICI Bank fell 2.7 % to Rs 648.85
State Bank Of India fell 3 % to Rs 1330.90.
Reliance Industries fell 1.5 % to Rs 2147.85.
GAINERS OF THE DAY
Jindal Photo Ltd rose 8.7 % to Rs 146.
Kilburn Engineering rose 6.5 % to Rs 37.10.
Thomas Cook rose 15.2 % to Rs 98.85.
Nu Tek Ltd was up 3.8 % to Rs 199.30