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The index is down with 227 points on Thursday before the closing bell rings. The sales event showed big profit holding which hit wider markets with letting down the value of Indian equities.

Funds from overseas bought into equities of India. The Sensex of Bombay Stock Exchange which commenced with 20,544.3 points, ceased with 20,315.32 points, thus going down to 1.11% from its former value at 20,543.08 points. According to data collected by SEBI (Securities Exchange Board of India) the inflow was $515.89 from foreign institutional investors. (FIIs).Thus in intra day the market came down by 270 points, thus making 20,272.77 in the end.

While buyers preferred health care security, bulk sales happened in stocks like metals, IT, real estate and other capital goods. Out of 13 indices on the BSE Sensex, only one of them was marked red.

The S & P CNX Nifty holding 50 shares came down to 6,120.3 points at the National Stock Exchange while BSE midcap was around 0.68 %, smallcap was around 0.89% lower and wider markets also became down intra day..

Top most companies were Tata Power which went for Rs 14,3340 with a hike of 2.48 %, Hero Honda which went for Rs 1,841.45 going 1.18% up, Cipla went up to 331.25 Rs going up to 1.16% and Reliance Communications reaching a value of Rs 178.15 rising to 0.68%.

The losers were DLF with Rs 380.92 and 3% decrease, Tata Steel with Rs 649.55 with 4.2% down, Reliance Infra with 1,087.30 Rs. with 2.95% down and HDFC going down to 2.5% at about 726.70 Rs.

Other trade markets in Asia too closed soberly as traders were behind book profits.

Asian trade markets knocks down sensex to 227 points
Originally published on: All India Today

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