Sapped » bse http://www.sapped.in A Macro Stand In A Microcosm Fri, 20 Aug 2010 12:16:27 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Sensex Dip Causes Furore http://www.sapped.in/business/sensex-dip-causes-furore/ http://www.sapped.in/business/sensex-dip-causes-furore/#comments Fri, 30 Oct 2009 12:13:20 +0000 Spondita http://www.sapped.in/?p=578 Bombay Stock Exchange is in a jeopardized condition. The sensex has dipped straight down below 16,000 points owing to a dip in the profit values of India’s top company, Reliance Industries. Although it had gained pace, that is around 300 points in early trade, it lost 156.44 points, slipping down to 15,896.28 as both Reliance and IT giants Infosys lost high profit levels.

After Reliance reported a dip in its net profit graph by a 6 percent figure, shares for the company dropped, that is by nearly 3.62% (Rs 1,931.25, per day)

The S&P CNX Nifty of the National Stock Exchange (NSE) followed a similar fate and concluded with 4,704.25 points, down 0.97 %.

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