Markets turn sluggish after overnight recovery

After a brief rally Monday, the stock markets turned sluggish today with the benchmark Sensex losing 206 points in morning trade in line with weakness in other Asian stock markets. The 30-share index, Sensex, came under pressure after a better start and was quoted at 15,551.46 at 1030 hrs, down 205.62 points from its previous close of 15,757.08. The broader 50-share S&P CNX Nifty of the National Stock Exchange also fell by 40.65 points to 4,720.55 at 1030 hrs from its last close of 4,761.20. Investors awaited announcements of fourth quarter results for a possible direction for the market. source: google news http://www.currentnewsaffairs.com http://blogs.mindbodynsoul.com Tags:

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