Too little too less: Markets slip on stimulus news, profit booking


Mumbai, Oct 12 (IANS): Centres stimulus announcement did not enthuse the key Indian equity indices which slipped during afternoon trade session on Monday.

Accordingly, the slight fall comes right after the Nifty50 on the National Stock Exchange (NSE) touched the 12,000 mark for the first time since February 2020, during the early morning trade session.

Similarly, the S&P BSE Sensex made healthy gains. It crossed the 40,900 points early in the trade.

At around 1.30 p.m., the S&P BSE Sensex traded at 40,433.14, lower by 76.35 points or 0.19 per cent from the previous close of 40,509.49.

The NSE Nifty50 traded at 11,879.70, lower by 34.50 points or 0.29 per cent from its previous close.

Analysts opined that expensive propositions along with profit booking also impacted the market sentiment.

 

  

Top Stories


Leave a Comment

Title: Too little too less: Markets slip on stimulus news, profit booking



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.