Stock Market Updates for Today (20th July '11)
The BSE benchmark Sensex today shed 151 points as investors sold bluechips across the board on fears of a hike in interest rates to tame inflation and lower- than-expected Q1 earnings posted by IT major Wipro despite a firm trend overseas.
The 30-share Sensex, which gained 147 points yesterday, started on a positive note before tumbling 151.49 points to 18,502.38, with almost all sectoral indices closing in red.
Broad-based National Stock Exchange index Nifty also fell by 46.50 points to 5,567.05, after touching the intra-day high of 5,645.40.
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