Market Watch

Thursday 19 June 2014

Stock Tips & News:Sensex Falls for 2nd Day

•BSE index falls 0.18 pct; NSE ends 0.23 pct lower
•Tata Motors DVR up on new American share-issue report


Indian shares fell for a second straight session on Thursday, as oil stocks such as Oil and Natural Gas Corp slumped on worries that higher gas pricing may be allowed only for incremental output while violence in Iraq continued to weigh.
Benchmark as well as broader indices fell for the second consecutive session Thursday amid rising tension in Iraq and further tapering by Federal Reserve. 
The Sensex fell 44.45 points to close at 25201.80 while the Nifty held 7500 level amid pressure, losing 17.50 points to 7540.70 after hitting an intraday low of 7502.55. The BSE Midcap and Smallcap indices were down 0.4 percent and 0.3 percent, respectively.

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