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Dec 22, 2012
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Equities end in red on global cues
Indian equities ended in the red for the second consecutive session on Friday tracking decline in global markets and on increased uncertainty over the US fiscal cliff after US Republicans cancelled a tax vote in the US Congress late Thursday, with less than two weeks remaining for the Budget reform deadline. Sensex dropped 1.09% or 211.92 points to end the day at 19,242 and Nifty settled 1.16% or 68.70 points lower at 5,847.70, tracking a similar fall in major Asian indices. Losses were even higher in the broader markets, with BSE midcap and BSE smallcap indices falling 1.5%, each. Moreover, all major sectoral indices ended in the red on Friday, with BSE realty index losing most in Friday's session (-3.5%).
Source -
http://www.indianexpress.com
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