Reports » India
Indian stock market daily closing report (August 31, 2012)
August 31, 2012, Friday, 12:15 GMT | 07:15 EST | 15:45 IST | 18:15 SGT
The Markets started the September series expiry on negative note today. According to the government data re leased today, India's Q1 GDP for the current financial year stood at 5.5% as compared to the markets expectation of 5.3%. In spite of marginally better than estimate d GDP data, the markets remained under pressure as the improvemen t in GDP is mainly contributed by the construction sector.
The breadth of the Rmark et was negative in today's trade.
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