Markets slip further
The markets have lost further,due to heavy selling across many sectors.FMCG,cement and auto sectors were the foremost to lose.The markets are volatile ,with wild swings making an odd appearance here and there.At 14.55 pm the Sensex is down 235 points at 12814,while Nifty is trading 70 points down at 3691.
Three cement pivotals ACC, Grasim and Gujarat Ambuja Cements were down between 2.4 - 6.4% after the manufacturers agreed not to raise prices for one year, today onwards.
The decision was announced by Commerce Minister Kamal Nath after a meeting with the cement industry on Friday (9 March 2007). Nath also said that cement makers have committed to absorb all input costs and levies
Three cement pivotals ACC, Grasim and Gujarat Ambuja Cements were down between 2.4 - 6.4% after the manufacturers agreed not to raise prices for one year, today onwards.
The decision was announced by Commerce Minister Kamal Nath after a meeting with the cement industry on Friday (9 March 2007). Nath also said that cement makers have committed to absorb all input costs and levies
Labels: Cement Scrips, nifty, sensex
posted by SY at 2:52 PM
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