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Markets

Indian shares provisionally end down 0.3pc

NEW DELHI : Indian shares provisionally closed down 0.28 percent on Wednesday, as investors, in the absence of any domes
Published Updated

mumbaiNEW DELHI: Indian shares provisionally closed down 0.28 percent on Wednesday, as investors, in the absence of any domestic trigger, looked to the Federal Reserve to announce steps to guide long-term US interest rates lower to help the economy.

The main 30-share BSE index provisionally ended down 47.14 points at 17,052.14, with 16 of its components closing in the red.

The 50-share NSE index provisionally ended 0.14 percent lower at 5,133.25 points.

Persistent concerns about a possible default on Greek sovereign debt limited any excitement ahead of the Fed, with Greece and international lenders yet to reach a deal to give Athens more loans despite some progress.

 

Copyright Reuters, 2011

 

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