{"id":8090,"date":"2008-11-16T00:24:08","date_gmt":"2008-11-16T00:24:08","guid":{"rendered":"http:\/\/151.106.38.4\/2008\/11\/16\/key-indian-equities-index-sheds-5-8-percent-during-week\/"},"modified":"2008-11-16T00:24:08","modified_gmt":"2008-11-16T00:24:08","slug":"key-indian-equities-index-sheds-5-8-percent-during-week","status":"publish","type":"post","link":"https:\/\/nagalandpost.net\/index.php\/2008\/11\/16\/key-indian-equities-index-sheds-5-8-percent-during-week\/","title":{"rendered":"Key Indian equities index sheds 5.8 percent during week"},"content":{"rendered":"<p><img src=\/old_site\/>After posting gains of 12.5 % and 1.8 % for two successive weeks, Indian equities once again finished in the red Friday with a key index losing 5.8 % during the week from its closing figure the previous Friday.<br \/>\nThe sensitive index (Sensex) of the BSE closed at 9,385.42, shedding 578.87 pts or 5.8 % during the week from its closing Friday previous week at 9,964.29 pts.<br \/>\nSimilarly, the broader-based 50-share S&#038;P CNX Nifty of the NSE finished the week Friday at 2,810.35, down 162.65 pts or 5.5 % from its closing Friday previous week at 2,973.00 pts.<br \/>\nThe BSE midcap ended Friday this week at 3,216.08, down 139.3 pts or 4.15 % from its close Friday previous week at 3,355.38 pts.<br \/>\nThe BSE smallcap finished Friday this week at 3,765.05, down 135.05 or 3.46 % from its close Friday previous week at 3,900.10 pts.<br \/>\nThe week opened strong with equity values surging to take the Sensex beyond the psychologically important 10,000 mark.<br \/>\nThe Sensex closed Monday at 10,536.16, up 571.87 pts or 5.74 % from its close Friday previous week at 9,964.29 pts.<br \/>\nThe Nifty too closed higher finishing Monday at 3,080.90, up 107.9 pts or 3.63 % from its previous close Friday at 2,973.00 pts.<br \/>\nThe slide started from Tuesday and continued through the rest of the week. The Sensex finished Tuesday at 9,839.69, down 696.47 pts or 6.61 % from its previous close Monday at 10,536.16 pts.<br \/>\nThe Nifty too closed at 2,938.65, down 209.6 pts or 6.66 % from its previous close Monday at 3,148.25 pts.<br \/>\nBears continued to prevail Wednesday despite attempts by bulls to push up the Sensex throughout the day but analysts said buying enthusiasm was simply not strong enough and sellers prevailed.<br \/>\nThe Sensex ended Wednesday at 9,536.33, down 303.36 pts or 3.08 % from its previous close Tuesday at 9,839.69 pts.<br \/>\nThe Sensex opened weak at 9,683.75, down 155.94 pts or 1.58 % and within minutes hit a low of 9,559.33 but recovered thrice to hit an intra-day high of 9,928.60 pts only to be pulled down each time to finally reach its closing value.<br \/>\nThe Nifty also showed a similar trend and finished Wednesday at 2,912.55, down 26.1 pts or 0.89 % from its previous close Tuesday at 2,938.65 pts.<br \/>\nMarkets were closed on Thursday and they reopened strong on Friday following overnight gains in US markets but soon began to slide and ended in the red once again.<br \/>\nThe Sensex finished Friday at 9,385.42, down 150.91 pts or 1.58 % from its previous close Wednesday at 9,536.33 pts.<br \/>\nThe Sensex opened strong at 9,799.25, up 262.92 pts or 2.76 % from its previous close Wednesday, hit a high of 9,836.11 but then began to slide to hit a low of 9,267.49 before inching up about 115 pts to its closing value.<br \/>\nThe Nifty also showed a similar trend and closed Friday at 2,810.35, down 38.1 pts or 1.34 % from its previous close Wednesday at 2,848.45 pts.<br \/>\nThe G20 summit in Washington this weekend will provide cues for the markets Monday, analysts said. With Germany too officially going into a recession, sentiments are extremely weak and there is still great nervousness, they added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After posting gains of 12.5 % and 1.8 % for two successive weeks, Indian equities once again finished in the red Friday with a key index losing 5.8 % during the week from its closing figure the previous Friday. The sensitive index (Sensex) of the BSE closed at 9,385.42, shedding 578.87 pts or 5.8 % [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-8090","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/8090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/comments?post=8090"}],"version-history":[{"count":0,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/8090\/revisions"}],"wp:attachment":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media?parent=8090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/categories?post=8090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/tags?post=8090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}