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| World Home » Business » | Thu. Nov 20, 2008 |
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Sensex down by another 99.72 pts MIL/Agencies, Feb 13, 2007. Mumbai, February 13, 2007 - The stock markets continued their downslides for the third successive session today as Bombay Stock Exchange benchmark Sensex touched one-month low of 13,957.70 before ending nearly 100 points down at 14,090.98 points on heavy selling by operators to check losses in a falling market. After two days of battering, wary operators and investors today preferred to sell in Futures and Options segment on fears that some margin calls might start kicking in, dealers said. The Bombay Stock Exchange (BSE) 30-share sensitive index, Sensex, continued to wobble in a wide range of over 406 points between 14,363.74 and 13,957.70 points, a one-month low, before ending at 14,090.98, a fall of 99.72 points or 0.70 over yesterday's close of 14,190.70. In three straight sessions, the Sensex has crashed by 561.11 points. Similarly, on the National Stock Exchange (NSE), the SandP CNX Nifty also gyrated in a breadth of 4,132.70 and 3,998.30 points. Finally, it finished at 4,044.55 points from previous close of 4,058.30, a decline of 13.75 points or 0.34 per cent. After the initial downslide, share prices saw sharp recovery on hectic short-coverings but profit-selling at higher levels once again pulled down prices to close in negative terrain, as per saharasamay.com. Foreign Institutional Investors (FIIs) were heavy sellers to the tune of Rs. 2,118.21 crore in derivatives yesterday.
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