The BSE Sensex fell 78 points today to 16,446 as investors sold stocks ahead of settlement in the derivatives segment amid weak global markets, as uncertainty lingered over the resolution of euro zone debt troubles, especially in Greece.
Besides, RBI’s high interest-rate regime to tame inflation weighed on investors as it is likely to hit second quarter corporate earnings, analysts said. Capital goods, metals, consumer durables, banking and auto counters attracted selling, while some FMCG and IT scrips were in demand.
From: http://ping.fm/iH6MP
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