India Markets Monday Wrap-Up: Euro Problems Continue to Take Their Toll

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While the markets came off significantly from the day’s lows, they were still not able to avert a negative ending. Thus, the Sensex closed the day with a decline of around 170 points (down 1%) whereas Nifty closed lower by around 40 points (down 0.7%). BSE Mid cap and Small cap indices also fared poorly, edging lower by 0.2% and 0.7% respectively. On the Sensex, six stocks gained for every four that ended the day in the red.

While most Asian markets also closed weak today, European stocks are trading surprisingly buoyant currently. The rupee was trading at Rs 45.7 to the dollar at the time of writing.

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