TIWN
New Delhi, Sep 18 (TIWN): Markets in the week gone by had a torrid time and one heard people talking of the fact that we had de-coupled with the US Markets one more time. Fortunately, this talk of decoupling lasted a mere 24 hours and it disappeared as quickly as it had begun.
BSESENSEX lost 952.39 points or 1.59 per cent to close at 58,840.79 points while NIFTY lost 302.50 points or 1.70 per cent to close at 17,530.85 points. The broader markets saw BSE100, BSE200 and BSE500 lose 1.48 per cent, 1.44 per cent and 1.41 per cent respectively. BSEMIDCAP lost 1.46 per cent while BSESMALLCAP lost 1.12 per cent. Benchmark indices lost on three of the five sessions and gained on two of them.
The Indian Rupee gained 6 paisa or 0.08 per cent to close at Rs 79.74 to the US Dollar. Dow Jones lost 1,329.29 points or 4.13 per cent to close at 30,822.42 points. It lost on three of the five trading sessions and gained on two trading days.
In primary market news, shares of Tamilnad Mercantile Bank Limited listed on the exchanges in the trade-to-trade category on Thursday the 15th of September. Against an issue price of Rs 510, shares closed listing day at Rs 508.45, a loss of Rs 1.55 or 0.30 per cent. On Friday, they lost significantly more closing at Rs 493.75, down Rs 16.25 or 3.19 per cent.
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