Market Commentary

RBI's measures to curb rupee volatility spoils investor sentiments - Eastern Financiers



Posted On : 2013-07-16 21:48:52( TIMEZONE : IST )

RBI's measures to curb rupee volatility spoils investor sentiments - Eastern Financiers

Tough steps announced by the RBI to curb rupee volatility spoiled investor sentiments as they dumped equities in the second trading day of the week. Nifty closed at 5955.25, down 75.55 points or 1.25 % and Sensex shut shop at 19851.23, down 183.25 points or 0.91 %.

Sectoral indices were mixed in nature with gainers being out-numbered by losers. The biggest gainer was the FMCG Index, followed by Oil & Gas and Teck Indices. The biggest loser was the Realty index, followed by Banking & Capital Goods Indices.

Source : Equity Bulls

Keywords