AGL 40.10 Decreased By ▼ -0.90 (-2.2%)
AIRLINK 127.80 Decreased By ▼ -0.34 (-0.27%)
BOP 6.60 Decreased By ▼ -0.10 (-1.49%)
CNERGY 4.60 Increased By ▲ 0.08 (1.77%)
DCL 8.58 Decreased By ▼ -0.03 (-0.35%)
DFML 41.40 Increased By ▲ 0.31 (0.75%)
DGKC 86.50 Decreased By ▼ -0.63 (-0.72%)
FCCL 32.13 Decreased By ▼ -1.26 (-3.77%)
FFBL 65.40 Decreased By ▼ -0.01 (-0.02%)
FFL 10.27 Decreased By ▼ -0.20 (-1.91%)
HUBC 110.60 Decreased By ▼ -0.03 (-0.03%)
HUMNL 14.70 Decreased By ▼ -0.60 (-3.92%)
KEL 5.15 Increased By ▲ 0.17 (3.41%)
KOSM 7.15 Decreased By ▼ -0.28 (-3.77%)
MLCF 41.69 Decreased By ▼ -1.30 (-3.02%)
NBP 60.20 Decreased By ▼ -0.22 (-0.36%)
OGDC 194.48 Decreased By ▼ -3.16 (-1.6%)
PAEL 27.95 Decreased By ▼ -1.06 (-3.65%)
PIBTL 7.98 Decreased By ▼ -0.28 (-3.39%)
PPL 150.52 Decreased By ▼ -3.64 (-2.36%)
PRL 27.08 Increased By ▲ 2.08 (8.32%)
PTC 16.08 Decreased By ▼ -0.01 (-0.06%)
SEARL 78.20 Decreased By ▼ -0.25 (-0.32%)
TELE 7.42 Increased By ▲ 0.05 (0.68%)
TOMCL 35.70 Decreased By ▼ -0.39 (-1.08%)
TPLP 7.90 Decreased By ▼ -0.17 (-2.11%)
TREET 15.87 Decreased By ▼ -0.09 (-0.56%)
TRG 52.70 Decreased By ▼ -0.66 (-1.24%)
UNITY 26.65 Decreased By ▼ -0.06 (-0.22%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 9,920 Decreased By -52.1 (-0.52%)
BR30 30,751 Decreased By -346.3 (-1.11%)
KSE100 93,225 Decreased By -423.8 (-0.45%)
KSE30 28,885 Decreased By -132.9 (-0.46%)

Indian stocks fell 0.71 percent on Monday, their third straight day of losses, on growing concerns that the central bank could raise interest rates soon to tackle rising inflation, dealers said. The 30-share benchmark Sensex ended the day 118.63 points lower at 16,601.2.
Rate-sensitive auto, property and metal stocks fell as overseas funds sold ahead of the holiday season. Indian markets have seen a surge in foreign capital flows of nearly 17 billion dollars this year which have pushed the Sensex up nearly 72 percent. The Sensex has more than doubled since March. "The markets could move in a narrow range and consolidate due to the year-end holidays across most regions," said a dealer at Jamnadas Morarjee Securities.
Recent official figures showed India's economy grew by 7.9 percent in the fiscal second quarter, the best performance in 18 months, on the back of government spending and record low interest rates. Losers led gainers 1,544 to 1,273 on low turnover of 38.59 billion dollars (823 million dollars). Private sector bank HDFC Bank fell 10.5 rupees or 0.63 percent to 1,654.4, on worries about a hike in interest rates.
India's top property firm DLF fell 7.7 rupees or 2.15 percent to 350.45. India's largest private aluminium producer Hindalco fell 5.5 rupees or 4.02 percent to 137.15. Tata Motors, India's biggest vehicle maker by sales, fell 6.45 rupees or 0.88 percent to 726.3 and the largest passenger carmaker Maruti Suzuki India lost 23.05 rupees or 1.55 percent to 1,524.5.

Copyright Agence France-Presse, 2009

Comments

Comments are closed.