Stocks

Sensex ends flat in lacklustre trade

PTI Mumbai | Updated on June 09, 2011 Published on June 09, 2011

The Bombay Stock Exchange benchmark Sensex today ended flat, closing down by 9.39 points at 18,384.90, even as the food inflation broke away from its declining trend and climbed to a two-month high of 9.01 per cent for the week ended May 28.

The Sensex, which had lost 101 points in the previous session, dipped by 9.39 points after moving in a range of 18,449.64 and 18,327.01.

Similarly, the broad-based National Stock Exchange index Nifty fell by 5.8 points to 5,521.05.

Asian stocks also fell, dragging the regional benchmark indices to its lowest level in two weeks, after the Federal Reserve said the US economy was slowing in some regions, adding to the signs that the global recovery is weakening.

At home, the food inflation rose to 9.01 per cent for the week ended May 28 from 8.06 per cent in the previous week.

Published on June 09, 2011
This article is closed for comments.
Please Email the Editor