Sensex remains low during week

PRESS TRUST OF INDIA

Mumbai, Nov 21: Markets continued to decline for the second consecutive week by slipping by a massive 571 points due to heavy all round selling pressure from operators as well as investors on the back of a fall in Asian markets and renewed fears about high-deficit European nations.
 China led the fall in Asia on fears that Chinese authorities would increase interest rates to cool inflation.
 China lifted its reserve requirement ratio for banks by 0.5 per cent on Friday.
 Slow down in capital inflows too left an adverse impact.
 The key benchmark indices slumped on Tuesday as stocks fell across the world on concerns over Ireland's debt and on fears of further monetary tightening in China. Worries that US funds will close positions in emerging market stocks ahead of the year-end to cash in on recent gains, also added to the decline.

Lastupdate on : Sun, 21 Nov 2010 21:30:00 Makkah time
Lastupdate on : Sun, 21 Nov 2010 18:30:00 GMT
Lastupdate on : Mon, 22 Nov 2010 00:00:00 IST



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