Market falls 245 points for the week, geopolitical tensions weigh

The dollar edged up 0.1 percent on the day to 109.17 yen , but was down 1.7 percent for the week. The dollar rose 0.6 percent against the South Korean won , which stood at 1,136.5. It last stood at 115.85 yen, up 0.1 percent. Market liquidity was thinner than usual because of this week's Passover and Good Friday holiday observances around the world. It was up 0.2 percent for the week, though concerns about the outcome of France's presidential election continued to limit its upside.


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Market falls 245 points for the week, geopolitical tensions weigh

In the broader market, The BSE Mid-Cap index rose 117.80 points or 0.83 per cent to settle at 14,350.96. (Reuters)Stocks: Snapping the previous two weekly gains, the benchmark Sensex fell 245.16 points to 29,461.45, while the broader Nifty cracked the key 9,200-level to finish at 9,150.80. While Nifty lost 47.50 points, or 0.52 per cent to quote below the key 9,200-level at 9,150.60. During the week, the key indices opened higher at 29,752.62, hovered between 29,838.82 and 29,442.26, before settling at 29,461.45, Showing loss of 245.16 points, or 0.83 per cent. The sensex had gained 285.21 points or 0.97 per cent on previous two weeks.




Mumbai: Snapping the previous two weekly gains, the benchmark Sensex fell 245.16 points to 29,461.45, while the broader Nifty cracked the key 9,200-level to finish at 9,150.80. While Nifty lost 47.50 points, or 0.52 percent to quote below the key 9,200-level at 9,150.60. During the week, the key indices opened higher at 29,752.62, hovered between 29,838.82 and 29,442.26, before settling at 29,461.45, Showing loss of 245.16 points, or 0.83 percent. Finally, a dismal start in earning results, with IT index getting hammered after Infosys weak revenue outlook and plan to return cash to shareholders fell short of market expections. The sensex had gained 285.21 points or 0.97 percent on previous two weeks.


collected by :John Miller

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