Business   

Sensex declines

MUMBAI: The Sensex closed with a modest loss of 25 points in a range-bound trading session as sentiment turned cautious following disappointing results from blue chips such as Bajaj Auto and Wipro.

The much-awaited 13000-point continued to elude the bourses and the Bombay Stock Exchange 30-share sensitive index, Sensex, settled 25.35 points down at 12858.48 after moving in a narrow range of 12920.59 and 12830.84.

The Sensex ended in the negative territory for the second consecutive day following a fall of over 44 points on Tuesday, when the index had missed the key 13000-level by a whisker.

The National Stock Exchange's S&P CNX Nifty moved down by 4.35 points to 3710.65. The second quarter performance of Bajaj Auto and IT major Wipro fell short of market expectations, while discouraging the market sentiment, the brokers said. The market is now awaiting RIL results, scheduled to be announced on October 19.

PTI

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Wipro Q2 net profit rises 46 p.c.
Govt. looking into voting rights in private banks
Hindalco's improved showing
Maran favours extension of incentives under STPI
Bajaj Auto net up
Robert Bosch's investment plans
Sensex declines
Hutch offer for cricket season
ESI hospitals to have adequate stock of medicines
Shareholder moves court against merger of LKB
Rupee weakens
Biocon `s Q2 net edges up
Exchange rates
Bullion rates
Swiss Re buys 3.57 p.c. stake in Yes Bank
Parry Enterprises ties up with Taiwanese co.
GMR group achieves financial closure
No key personnel of MF on the board of AMC
Yahoo! India launches Indichat
Shamsuddin new MD of Southern Agrifurane

Copyright © 2006, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu