Markets slip on news of Wipro ban

Markets Bureau
Posted: Tuesday, Jan 13, 2009 at 2217 hrs IST
Updated: Tuesday, Jan 13, 2009 at 2217 hrs IST

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Mumbai: Satyam scandal could bring about tighter regulations weighed on the sentiments of the markets on Monday."

The Sebi, on Friday, had announced that it would have a peer body checking the accounts of all Sensex and NSE Nifty companies.

Overall, the market breadth remained negative, as out of 2,522 stocks traded on the BSE, only 824 stocks advanced, 1,613 stocks declined and 85 stocks remained unchanged.

Sombre mood

• The Sensex closed lower by 296.42 points, or 3.15%, at 9,110.05 points

• The S&P CNX Nifty was down 99.90 points, or 3.48%, at 2,773.10 points

• All sectors in the BSE Sectoral indices ended the day in red

• Metal, realty and IT were the worst performers of the day

• Out of 2,522 stocks traded on the BSE, only 824 advanced, 1,613 declined and 85 remained unchanged ...

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Markets slip on news of Wipro ban

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