Indian stocks dip 0.15%

19:59, July 19, 2010      

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The Indian stock benchmark Sensex softened 27.4 points or 0.15 percent Monday on lackluster growth momentum.

The index saw narrow fluctuations in the trading session and ended at 17,928.42 points with daily high of 18,005.07 points.

Fast moving consumer goods, realty, consumer durables and oil and gas sectors lost 1.4 percent, 0.94 percent, 0.68 percent and 0. 34 percent respectively.

Consumer goods producer ITC, copper producer Sterlite Industries, housing developer DLF and automobile maker Maruti Suzuki dropped 2.51 percent, 1.51 percent, 1.41 percent and 1.12 percent respectively.

State-owned corporations, banking and capital goods shares gained 0.75 percent, 0.25 percent and 0.22 percent with National Thermal Power Corporation up 2.22 percent.

The turnover with Sensex totaled 128.9 million U.S. dollars on Monday, from 161 million U.S. dollars in the previous session.

Sensex is the common name for the Bombay Stock Exchange Sensitive Index. It consists of the 30 largest and most actively traded stocks, representative of various sectors, on the Bombay Stock Exchange.

Source: Xinhua


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