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Sensex down 100 points, closes at 8,739 mark
Just
in:
Sensex
closed
100
points
down
at
8,739
mark.
Nifty
fell
25.10
points
to
settle
at
2657.80.
Though
it
recovered
in
mid-day
trade,
the
continuous
sell-off
in
oil,
technology,
banking,
auto
and
metal
stocks
dumped
the
markets
in
red.
5:13
PM
12/2/2008
Mumbai, Dec 2: The markets opened with a huge gap down following weak cues from global markets. In the US, the National Bureau of Economic Research, or NBER, officially confirmed that the US is in recession, which started in December 2007.
The
Sensex
fell
278
points
to
8,561
and
the
Nifty
lost
80
points
to
2,602,
at
9:56
am.
CNX
Midcap
tumbled
69
points
to
3,190.
10:40
AM
12/2/2008
OneIndia
News
Story first published: Tuesday, December 2, 2008, 17:07 [IST]
