Reports » India
Indian stock market daily closing report (February 07, 2012)
February 7, 2012, Tuesday, 12:35 GMT | 07:35 EST | 17:05 IST | 19:35 SGT
After a gap up opening the markets pared all of its gains in noon trade today. The investors sentiments were dampened today after Central Statistical Organization declared less than estimated advanced FY12 GDP growth at 6.9%. The RBI in its quarterly monetary policy review last month has estimated FY12 GDP growth at 7%. Buying pressure was visible in airlines stocks today due to governments approval for direct import of aviation turbine fuel by airline companies.
The Nifty ended down 26.5 points today, to close at 5335.15. The Sensex ended down 84.86 points, at 17,622.45. The breadth of the market was negative in todays trade and the total volumes were at Rs 137230 cr.
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