Tuesday, November 6, 2007

Markets succumb to profit booking; end in deep red. RPL and RNRL amongst major losers...


It was extremely volatile day of trade wherein the markets opened on firm note and proceeded to trade strong in the early trade. But it could not maintain the momentum and succumbed to profit booking seen across the sectors led by capital goods, banking and metal stocks. All the key BSE indices ended in red except realty index which could manage to keep its head above water.

Sensex ended down 190.11 points or 0.97% at 19400.67, and the Nifty closed down 60.80 points or 1.04% at 5786.50. On BSE about 1283 shares advanced, 1694 shares declined, and 85 shares were unchanged. On NSE, the advance decline ratio was at 443:736.