Online edition of India's National Newspaper
Friday, May 11, 2007
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Online edition of India's National Newspaper Friday, May 11, 2007 ePaper |
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MUMBAI: The stock markets failed to hold early gains on Thursday and the Sensex fell by a marginal 10 points on profit selling by funds, particularly oil and engineering counters, at the fag end. The Sensex opened higher at 13823,36 and touched a high of 13976.79. However, profit-booking after mid-session pulled down the Sensex to a low of 13745.23 and the index ended at 13771.23, a fall of 10.28 points over Wednesday's close of 13781.51. The S&P CNX Nifty also declined by 12.50 points or 0.31 per cent to 4066.80 from 4079.30. Metal counters, however, attracted fresh buying support and closed with marked gains, cushioning the Sensex fall to some extent, dealers said. According to market participants, operators and retail investors also turned cautious ahead of the outcome of assembly poll results in Uttar Pradesh on Friday.
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