Financial Daily from THE HINDU group of publications
Wednesday, Jan 11, 2006
Financial Daily from THE HINDU group of publications Wednesday, Jan 11, 2006 |
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Stock Markets Markets - Stock Markets Sensex down 138 points Our Bureau
Mumbai, Jan. 10 LOWER earnings expectations of Reliance Industries Ltd (RIL) and cautious approach by investors ahead of Infosys Technologies' third quarter results on Wednesday dragged the benchmark index BSE-30 by 138.15 points (1.14 per cent) on Tuesday. NSE's Nifty index fell by 39.3 points to end at 2,870.80 points. "Investors were not willing to take fresh positions as both third quarter results of Reliance Industries and Infosys Technologies are to be announced when the markets are closed," said Mr Ketan Dedhia, Managing Director, Nalanda Securities. (Infosys is due to announce its third quarter earnings on Wednesday, when the market is closed. RIL announced its third quarter results after the trading hours on Tuesday.)
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