On December 30, 2011The Bombay Stock Exchange's (BSE)-30-Share Sensex ended at 15544 down 4,965 points or 24.2% compared to close of 20,509 on December 30, 2010.
The major factors that dampened market sentiment include high inflation, growth slowdown, rising interest rates,political logjam over retail foreign direct investments , weakening rupee and emergence of various industry-related scams.
Further, foreign institutional investors remained underweight on India, and were sellers to the tune of $379.85million in 2011 as against investments of $29 billion in 2010, as per the SEBI data until Dec 28,2011
The National Stock Exchange's (NSE) -50-Share Nifty ended at 4646 down 1,488 points or 24.3% compared to the close of 6,134 on December 31, 2010.
No comments:
Post a Comment