Today, it was another day in the red in Mumbai stock exchanges. The Bombay Stock Exchange’s benchmark index, Sensex closed lower at 14,048.3 down by 248.4 points. Nifty 50 closed at 4214, down by 78 points. In bullion market, gold is being quoted at Rs.11,867/10gm and silver was quoted higher at Rs.20,448/kg. Nymex crude is up at 119.4 US dollar a barrel and the US dollar was at Rs.43.7.
Inflation expected to be higher at 12.77%.
Singur (West Bengal) agitation intensifies. The agitation will affect the Tata’s Nano project deadlines.
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