Weekly review: Markets retreat from highs; Budget, rate-cut enthusiasm shortlived
The Benchmark indices - BSE Sensex and NSE Nifty - retreated from their record highs struck after the Reserve Bank of India (RBI) slashed key policy rates, as the initial excitement proved to be short-lived on the back of hectic profit-taking, though crawled back to end modestly higher during the holiday shortened week.
Mar 07, 2015, 16:05 PM IST
Sensex fall 1% ahead of expiry; software stocks slide
The BSE Sensex and Nifty fell over 1 percent on Thursday, led by profit-taking in software stocks such as Infosys Ltd, while caution also prevailed ahead of the expiry of derivative contracts due later in the day and federal budget on Saturday.
Feb 26, 2015, 14:25 PM IST
