Pre-Budget blues: Sensex, Nifty dip to over 1-week lows
10 July 2014 6:30 AM IST
A day ahead of Indian general budget, the Bombay Stock Exchange (BSE) Sensex on Wednesday closed lower by 137 points to over one-week low of 25,444.81 as investors turned cautious on fiscal numbers projected by the Economic Survey 2013-14.
Extending losses for the second day, the Sensex closed down 137.30 points, or 0.54 per cent, to 25,444.81, the lowest closing level since June 30. The gauge had lost 518 points in the previous session. The broad-based Nifty of the National Stock Exchange dipped below the crucial 7,600 level by losing 38.20 points, or 0.50 per cent to 7,585.00, a level not seen since 27 June. During the session, the Nifty shuttled between 7,650.10 and 7,551.65 points. pti
Extending losses for the second day, the Sensex closed down 137.30 points, or 0.54 per cent, to 25,444.81, the lowest closing level since June 30. The gauge had lost 518 points in the previous session. The broad-based Nifty of the National Stock Exchange dipped below the crucial 7,600 level by losing 38.20 points, or 0.50 per cent to 7,585.00, a level not seen since 27 June. During the session, the Nifty shuttled between 7,650.10 and 7,551.65 points. pti
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