A maturing market amid the mayhem
Sensex sheds 0.4 pct, but gains 2.4 pct on week
The top benchmark losers included Tata Motors, which slipped 6.2 percent, ICICI Bank, which was down 4.5 percent, and L&T which lost 4 percent.
The BSE Realty Index slipped over 4 percent. Shares in Akruti City fell 27.8 percent and DLF ended 1.3 percent lower.
The Capital Goods Index (down 2.5 percent) and the Bankex (down 1.95 percent) were amongst the other sectoral losers.
The BSE Metal index however bucked the trend and rose 1.6 percent
Satyam slipped 1 percent in trade to close at 43.9 rupees. It was the third most traded counter on the BSE.
Despite closing lower today, the Sensex was up 2.4 pct on week. What’s your take on the Sensex target for next week?