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    India Markets Monday Wrap-Up: India Tops Asian Losers

    Mon, 04/18/2011 - 15:15 EDT - Seeking Alpha
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    Equitymaster submits: The Indian stock market indices had a weak outing today. Markets started off in the green, however mid-session they moved into the red zone. Persistent selling in index heavyweights caused the indices to close in deep negative territory. While the BSE-Sensex closed lower by around 296 points (down 1.5%), the NSE-Nifty closed lower by around 95 points (down 1.6%). The BSE Midcap and BSE Small cap were at the receiving end as well as they closed lower by 1.3% and 0.8% respectively. Realty and IT stocks weighed heavy on the indices. In regard to global markets, Asian indices mainly closed in the red today, with the exception of China. India was one of the top losers in the region. The European indices opened on a weak note. The rupee was trading at Rs 44.42 to the dollar at the time of writing. Meanwhile, the Tata Group is expected to investComplete Story »

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