| Friday, Aug 12, 2011 |  |
| | | SENSEX PLUNGES 219 PTS DESPITE POSTIVE IIP NOS.
The markets have been on a roller coaster ride through the week and Friday was no different. It ended in the negative terrain discounting better-than-expected June IIP data and positive cues from European peers. Sensex closed below the 17,000 mark ending at 16,839.63 points, while Nifty declined 65.35 points to end at 5,072.95. In the opening trade Sensex opened with 180 points high but closed the day with 219.77-point loss. The Sensex has managed to close higher only twice this month. Friday's decline came despite a major rally on the Wall Street that took the Dow 423 points higher, helping the benchmark regain the 11,000 mark. That marked the fourth consecutive day when the Dow swung over 400 points either ways. It was also indicative of the volatility and uncertainty in the minds of investors. Investors worldover saw $7 trillion shaved off their investments since July 26 after S&P cu t U.S.'s debt, riots swept across Britain and Europe's debt crisis deepened. read more | | | | | | | | AT A GLANCE | | BSE | 16839.63 | -219.77 | | NSE | 5072.95 | -65.35 | | TURNOVER Rs. 137,566 cr | | BSE CASH Rs. 2,619 cr | | NSE CASH Rs. 11,202 cr | | NSE F&O Rs. 123,744 cr | | | | BULLION | | GOLD | 25514 | -159 | | SILVER | 58363 | +400 | | | | CRUDE | | NYMEX | 102.25 | -0.08 | | BRENT | 108.59 | +0.57 | | | | FOREX | | $ / Re | 45.34 | -0.07 | | £ / Re | 73.733 | -0.01 | | € / Re | 64.531 | -0.13 | | | | EVENTS |
| | 16 August |  | Finance Ministry To Meet Stakeholders On Jalan Committee Report | | Conference & Exposition On Track & Trace Bar-Coding System For Pharmaceuticals, The Oberoi, New Delhi | |
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| | 17 August | | High Court Noida Extension Case Hearing | | SAT To Hear Vaswani Industries IPO Case | |
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| | 18-19 August | | 6th Annual Conference On Road Development In India, The Imperial, New Delhi | |
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| | 19 August | | State Finance Ministers Panel Meet To Discuss Issues Related To Roll Out Of Indirect Tax Regime | |
| | | | | | EXPERT VIEWS |
| | "Developed countries' debt problems are worrisome...Extremely loose international monetary conditions are hard to reverse in the short term and a large amount of capital is still likely to flow into relatively fast-growing emerging countries."
People's Bank Of China
Quarterly Monetary Policy Report "Some authorities have decided to impose or extend existing short-selling bans in their respective countries. They have done so either to restrict the benefits that can be achieved from spreading false rumours or to achieve a regulatory level playing field."
European Securities And Markets Authority
Statement "India's independence movement and the inspirational leadership of Mahatma Gandhi still move people to be the change that they want to see in the world. At this time of profound change and hope for millions of people, India's story stands as a powerful example of what people can achieve through the peaceful pursuit of inalienable rights."
Hillary Clinton
U.S. Secretary of State |
| | WATCH OUT |  State of the Economy Poll
With raging inflation, rising interest rates and a weakening global economic climate, how worried is the Indian consumer, about the Indian economy? CNBC-TV18 and Forbes India present State of the Economy, in association with CNN-IBN, a nation-wide poll that gauges the economic pulse of the country and finds out what people want from the government. Catch Jyotiraditya Scindia, Harsh Mariwala, Ramesh Ramanathan, R P N Singh and R Seshasayee in conversation with Sheeren Bhan, only on CNBC-TV18. | SHOW TIMINGS Sat 10:30 pm
Sun 7 pm
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