BSE Sensex drops 0.5 pct on growth worries;
BSE Sensex drops 0.5 pct on growth worries;
MUMBAI (Reuters) – The BSE Sensex fell 0.5 percent early on Tuesday as fresh worries about the global economic recovery after the U.S. reported weak manufacturing data drove world markets lower. Financials and software services companies led the drop.At 9:15 a.m. (0345 GMT), the 30-share BSE index was down 0.46 percent at 18,233.59 points, with 28 components declining.
The 50-share NSE index was down 0.4 percent at 5,493.30 points.
(Reporting by Prashant Mehra).For more information CLICK HERE
India's third-biggest state lender by assets, Punjab National Bank (PNB) (NSI:PNB.NS - News), posted lower-than-expected second-quarter earnings as slower loan growth and worsening asset quality weighed on profits, sending its shares down over 4 percent.
ReplyDeleteMoneycontrol
Moneycontroltips