Tuesday, 25 June 2013

INDIAN EQUITY MARKETS 25 JUNE 2013


Indian equity ended down around 1.50% yesterday on account of negative global cues. The Goldman Sachs lowered its2013 forecast for Chinese growth to 7.4% from the 7.8% expected previously. In addition to this, worries about a liquidity squeeze in China also weighed on the equity markets across the globe. At the close, the benchmark 30- share index, BSE Sensex decline - 233.3 points or -1.24% at 18540.8 with 24 components registering drop. Meanwhile, the broad based NSE Nifty fell by- 77.4points or - 1.37% at 5590.2 with 41 components posting drop.
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