For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Greek crisis weigh on markets; trade flat

|

Greek crisis weigh on markets; trade flat
The Indian markets were trading flat in early trade, on persistent worries in Europe, particularly Greece, which is in a political turmoil.

At 9.35 am IST, the Sensex was trading at 16220 points, up 15 points and the Nifty was at 4902.45 points, up 5 points.

 

On Monday, spurt in inflation to 7.23% dampened market sentiment as further hopes of a rate cut diminished.

The Reliance Industries stock fell to a 52-week low on sustained selling, dragging the markets lower.

Stocks that failed to lure investors in early trade were Maruti Suzuki, IDFC, Tata Motors and Dr Reddys Laboratories.

Among the stocks that gained today in early trade were Larsen, Sesa Goa, Wipro, Jindal Steel.

Asian peers were trading mixed with the Nikkei 225 down by 1.37%, while the Hang Seng up 0.03% and the Shanghai Composite down 0.81%.

GoodReturns.in

Read more about: sensex nifty eurozone
Story first published: Tuesday, May 15, 2012, 9:56 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X