Tuesday, July 27, 2010
Ril Results
Latest News Update About Ril Results: Markets today ended with a loss ahead of the RBI policy review due on Tuesday. Selling pressure in auto stocks also dampened investor sentiments.
The Sensex touched a high of 18,194 on opening but failed to hold on to gains as auto heavyweight, Maruti Suzuki, crashed on weak numbers. The index traded in red thereafter, slipping to a low of 17,994 as European markets too opened lower.
The Sensex ended at 18,020 - down 111 points. Nifty ended down 31 points at 5,419.
Investors are waiting to see the RBI's policy decision which is to come out on Tuesday. The same day would see index heavyweight, Reliance, declaring their first quarter numbers.
BSE auto index tumbled 3.2% to 8,140. Rate sensitives - realty and bankex- dropped ahead of the policy review.
At the time of the Indian market closing, European shares were trading flat. CAC was flat at 3,608. DAX dropped 17 points to 6,149. Read More
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