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Old 05-12-2008, 10:54 AM   #1 (permalink)
 
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Default arket is still looking weak ;May 12

The market is still looking weak. Sensex is at 16,592, down 144 points from the previous close. Nifty is at 4930, down 51 points. CNX Midcap index is down 2.6% and BSE Smallcap index, down 2.7%. All sectoral indices are trading lower, with that of realty, metal and capital goods being beaten up the most. Market breadth is also extremely weak, with just 119 advances against 1,065 declines on the NSE.
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