Thebullishtrends: BSE Sensex closed today at 16,093.81 points with a loss of 29.81 points. Infact stocks surged in the opening session by following reports of US Federal Reserve has decided to inject $ 200 billion into the weak credit markets. But Indian markets closed with losses due to the disappointing index of industrial production figures of Janauary'08. As per the report the growth of Industrial production come down to 5.3% in the month of January'08 as it was 11.6% in the last year the same month January'07. European markets which were opened after the Indian markets closed in a firm note. The market breadth was positive. On BSE 1,523 stock prices rose as it compared to 1159 stock prices declined and 59 stock prices remain unchanged.
Market disappointed in the closing session
Thebullishtrends: BSE Sensex closed today at 16,093.81 points with a loss of 29.81 points. Infact stocks surged in the opening session by following reports of US Federal Reserve has decided to inject $ 200 billion into the weak credit markets. But Indian markets closed with losses due to the disappointing index of industrial production figures of Janauary'08. As per the report the growth of Industrial production come down to 5.3% in the month of January'08 as it was 11.6% in the last year the same month January'07. European markets which were opened after the Indian markets closed in a firm note. The market breadth was positive. On BSE 1,523 stock prices rose as it compared to 1159 stock prices declined and 59 stock prices remain unchanged.
