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Friday, July 02, 2010 (17:47:17)
Tags : Sensex, BSE, NSE

Sensex ends 48 points down, capital goods lose

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Mumbai, July 2: A benchmark index for Indian equities today closed a rather dull day of trade with a 48 point loss, with capital goods coming under selling pressure.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,523.47 points, ended at 17,460.95 points, 48.38 points or 0.28 percent down from its previous close at 17,509.33 points.

At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty closed at 5,227.6 points, 0.45 percent lower than its previous close at 5,251.4 points.

Broader markets were mixed, with the BSE midcap index ending flat and the BSE smallcap index 0.25 percent up.

Capital goods, realty, energy and auto stocks saw selling, with most of the 13 BSE sectoral indices in a slump.

The market breadth was positive, with 1,445 scrips on the advance, compared to 1,430 stocks declining, and 126 remaining unchanged.

Among the gainers on the Sensex were TCS, up 2.95 percent at Rs.386.15, TCS, up 1.66 percent at Rs.743.50, NTPC, up 1.15 percent at Rs.202.25, and Hindalco, up 0.77 percent at Rs.144.10.

Prominent losers included Sterlite, down 2.31 percent at Rs.160.55; M&M, down 2.19 percent at Rs.602.30; BHEL, down 1.66 percent at Rs.2,390.20; and Infosys, down 1.39 percent at Rs.2,729.

In other Asian markets, investors continued to sell on persistent fears over the US economic recovery. The US monthly jobs report will be out later Friday.

The Japanese Nikkei closed 0.13 percent up at 9,203.71 points, while Hong Kong's Hang Seng caught up with other losing peers, after a one-day break on Thursday, to end 1.11 percent lower at 19,905.32 points.

The South Korean Kospi closed 0.86 percent down at 1,671.82 points.

European markets climbed initially on gains of mining stocks, which rose after Australia decided not to levy higher taxes on the sector. Investors were, however, hesitant to buy ahead of the US payroll data.

In Britain, the benchmark index FTSE 100 was ruling 0.75 percent up at 4,841.89 points, while the French CAC 40 was trading 0.45 percent higher at 3,354.99 points.

The German DAX was up 0.28 percent at 5,873.93 points. (IANS)
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