Sensex Falls 188 Points by Global Weakness

Monday, September 19, 2011
The general weakness of Indian shares end lower on Monday, and the target levels over the loss of more than 1 percent. The Sensex fell 16745188 Nifty closed 52 points or fewer points behind the 5031st
Renewed concern about the debt crisis of the past, Greece has sent investors looking for safe harbor property. Asian markets closed the huge losses to the finance ministers decide to postpone the payment of Greece.






As a result, Hong Kong, the Hang Seng index fell more than 2.5 percent and China's price index also closed up 2 percent. The CAC 40 in France fell by more than 2.5 percent and the UK, the FTSE fell more than 2 percent. Dow futures are starting to show Wall Street too.



Dalal Street is, durable goods and automobile stocks were the only ones before closing higher. All other stocks fell, led by capital goods stocks fell more than 2 percent. L & T is at the top of display the cap of BSE index lost property, and the second biggest losers in the Sensex. The shares closed 3 percent lower. Banking, metals and energy stocks also closed for more than 1 percent loss.



Only nine of 30 Sensex stocks managed to close higher. Maruti was the top winner of the speculation that the German Volkswagen may launch a hostile bid Maruti Suzuki parents. Maruti closed 3 percent higher. Jaiprakash Associates has more than 2 percent of earnings per share.



Among the laggards, Sterling lost 3.5 per cent cap. Sun Pharma, ICICI Bank and DLF also closed more than 2 percent of the losses.



Alfa Laval was the top winner of the BSE 500 index, increased by almost 20 percent. The company is likely to announce a proposal to radiation, which led to a rise in the counter. Everon jumped 5 percent for the fifth session as soon as the collapse of the arrest report. GVK Power closed slightly lower, dropping 0.5 percent. The company announced the agreement with a major Australian mining Hancock on Friday. Fortis Healthcare closed almost 2 percent lower. The company today announced the acquisition of Fortis International.

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