Biotech stocks succumbed to the
broader market weakness, as trade tensions and recession fears shook the
broader markets.
In the
broader markets, SandP BSE Mid-cap closed at 13,547 level, up 20 points, or 0.15 per cent while the SandP BSE Small-cap settled 55 points, or 0.44 per cent, lower at 12,496 level.
Summary: Mumbai (Maharashtra) [India], July 15 (ANI): Equities witnessed a lacklustre trading session on Monday but the rally in Infosys drove benchmark indices higher while
broader markets underperformed.
With the rupee hitting record low, crude prices moving northwards, increasing fears of a broadening current account deficit along with the liquidity worries led to another major fall in the indices and
broader markets.
Emerging market currencies have come back under pressure again today after a hiatus, which potentially spells trouble for
broader markets. USD-JPY has support at 114.00-05, while the 1.1500 level markets a major psychological resistance and option barrier level.
We don't see a correction in
broader markets, and any downward move will be specific to stocks," Yogesh Mehta, assistant vice-president with Motilal Oswal told Gulf News.
MUMBAI: Benchmark indices of the Indian equities markets ended flat on a weekly basis, while
broader markets logged substantial gains amid political excitement across the country as social activist Anna Hazare led thousands of protestors in an agitation against corruption.
Broader markets indices which were doing better than the benchmark, also closed dull.
"As we are ready now to break into new and
broader markets, it was important for the company to add a high level of experience and credibility with customer and channel partners, and we could not have been more fortunate than having Dieter fill this role."
According to the company, the patent covers processes necessary for the operation of an electronic propulsion and power generating system for marine applications as well as for the use of such systems in
broader markets.
The agreements have been made as part of IBM's PartnerWorld for Developers programme that seeks to help software developers reach
broader markets.
The offices allow Encorp to expand to
broader markets, including data centers, premium power OEMs, energy service companies and oil and gas producers.
