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Sensex sheds 61 points
MUMBAI: In a range-bound trade, the markets closed down on Friday after two days of gaining streak and the benchmark Sensex lost over 60 points but showed signs of consolidation at 15000 level though concerns over high inflation did cast a shadow over bourses. The 30-share Sensex on the Bombay Stock Exchange concluded the day at 15189.62, a fall of 60.58 points over Thursday’s close.
The S&P CNX Nifty of the National Stock Exchange also declined by 22.25 points to 4517.10 from the last close of 4539.35.
Participants said markets are still concerned over the Central Bank’s hike in short-term lending rates this week.
Rupee reacts downward
The rupee on Friday lost over 11 paise to close at 42.94/95 against the dollar on weak equity markets and some dollar buying by oil refiners.
It ended at 42.8250/8350 on Thursday. — PTI
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