Indian shares close almost unchanged ahead of public holiday |
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Tue, 14 Aug 2007 11:47
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MUMBAI (Thomson Financial) - Indian shares closed almost flat as traders adopted a cautious stance ahead of the Independence Day holiday tomorrow, and against the backdrop of similar wariness in the broader Asian market.Investors in stock markets across Asia continue to worry that the crisis in the US subprime market is far from over with Goldman Sachs the latest firm to acknowledge steep losses at one of its hedge funds.Today, the Bombay Stock Exchange's benchmark Sensex closed 0.11 pct or 16.30 points down at 15,000.91, while the National Stock Exchange's S&P CNX Nifty closed 0.08 pct lower at 4370.20Among the BSE 30, 14 shares gained and 16 lost. In the broader market, 1,569 shares advanced, 1,102 shares retreated and 90 were unchanged.TFN.newsdesk@thomson.comssh/ranCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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