Stock Market News On 19th Mar 2013

We specialize in generating most accurate trading calls / tips in Commodities, Equities, Derivatives - Futures and Options, Indices - Nifty and Bank Nifty.

Delhi, India (prHWY.com) March 19, 2013 - On political worries the Shares Of India Fall

- The BSE index is down 1.45 % while the 50-share NSE index is low 1.6 % .

- A key regional ally, the Dravida Munnetra Kazhagam,pulled out of the country's ruling coalition in protest againstthe government's position on a U.S.-backed United Nations resolution on war crimes carried out during Sri Lanka's civilwar.

- The news sent shockwaves through the market that was already under pressure after the central bank disappointed investors with a statement seen as cautious on monetary policy.

- Among blue chip shares leading the fall, Oil and Natural Gas Corporation Ltd falls 3.3 percent, while Larsen & Toubro is down 2.8 percent and Mahindra & Mahindra drops 3 percent.

- Banking stocks are under pressure after the cash reserve ratio was left unchanged at 4.00 percent. ICICI Bank falls 1.8 percent, while State Bank of India is 3 percent lower.

###

Tag Words: future option tips

Categories: Finance

Link To This Press Release:

URL HTML Code