The Indian markets continue to trade in the negative terrain. Index Heavyweights like Tata Motors, ICICI Bank, SBI, HDFC, L&T, HDFC Bank and BHEL are the major draggers.
Among Heavyweights, Tata Motors is the top loser after reporting poor operating earnings on May 29, 2012, which disappointed the Investors.
The broader markets continued to remain under strain with the midcap index and the smallcap index down by 0.28%.
The rupee opened on a weak note on Wednesday (May 30, 2012), adding to losses of the previous session, with euro zone continuing to mount tension because of Spain's banking woes.
On the Global front, Global risk aversion also weighs due to worries about Spain's banking woes. MSCI Asia ex-Japan down 1.4%. Asian markets fell today (May 30, 2012), paring strong gains from the previous session as the hopes for a strong stimulus spending in China faltered.
Among the 13 sectoral indices, the topmost losers are - BSE Auto fell by 3.38%, BSE CD fell by 1.52% and BSE Bankex fell by 1.28%. Gainers - BSE IT up by 0.82%, BSE TECk up by 0.63% and BSE FMCG up by 0.18%.
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Among Heavyweights, Tata Motors is the top loser after reporting poor operating earnings on May 29, 2012, which disappointed the Investors.
The broader markets continued to remain under strain with the midcap index and the smallcap index down by 0.28%.
The rupee opened on a weak note on Wednesday (May 30, 2012), adding to losses of the previous session, with euro zone continuing to mount tension because of Spain's banking woes.
On the Global front, Global risk aversion also weighs due to worries about Spain's banking woes. MSCI Asia ex-Japan down 1.4%. Asian markets fell today (May 30, 2012), paring strong gains from the previous session as the hopes for a strong stimulus spending in China faltered.
Among the 13 sectoral indices, the topmost losers are - BSE Auto fell by 3.38%, BSE CD fell by 1.52% and BSE Bankex fell by 1.28%. Gainers - BSE IT up by 0.82%, BSE TECk up by 0.63% and BSE FMCG up by 0.18%.
....more info