The benchmark index, after sustained rise in the past five weeks, has fallen back to 16,000 levels on profit-booking. Real estate, consumer durables, bank, metals, capital goods and oil and gas shares that rose sharply during the Sensex’s journey to 17,400 from 16,000 have suffered the most.
The Monetary Policy on Tuesday last was apparently disappointing for the stock market. The bellwether Sensex tanked a whopping 387 points on Tuesday to close at 16,353 points and the broader Nifty slipped ...
