The benchmark S&P BSE sensex trimmed initial losses and was down 29 points in late morning trade on selling in banking, IT and realty sector stocks on the back of weak Asian cues even as investors bought capital goods and consumer durable shares. The sensex opened at 20,913.79, compared with Friday’s close of 20,851.33, on […]
Mumbai:Morgan Stanley says RBI’s cash tightening measures last month have made Indian shares much more vulnerable to global cues, especially the expected tapering of U.S. monetary stimulus.”As RBI’s moves echo into the economy, we believe that share prices in India are likely to fall led by banks,” Morgan Stanley said in a note dated Wednesday.Morgan […]
