Tuesday, February 1, 2011

Why Markets Down Today?

The BSE Sensex dropped more than 1 percent today on lingering concerns the unrest in Egypt could spread to other parts of the Middle East and scare more investors away from emerging markets.Concerns about rising world oil prices, which could add to domestic inflation pressures and possibly more monetary tightening, also hastened selling.Source:Reuters

1 comment:

  1. • Crude Oil December expiry is quoted at $ 45.16 a barrel - down 0.2 percent.
    • Brent Oil December future is trading on a soft note at $ 46.41.
    • Natural Gas December delivery has declined 0.3 percent at $ 2.694.
    MCX Crude Oil tips

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