BSE Sensex declined 2.55% or 511 points in November 2010 to close at 19,521 on the last trading day of the month. This was second consecutively monthly decline in 30 share index, some thing that has happened for the first time in 2010.
Equity markets saw a carnage for 3 consecutive weeks, after it closed at all time closing high of 21,005 on 05 Nov’10. Sensex has shred 1,484 points since 05 Nov’10. The housing finance scam unearthed by CBI, sell-off in global markets due to Korean fears and credit concerns in European continent, have been some of the key issues, markets have faced in the month passed by.
Two new listings in the month of Nov’10 (Coal India and Gravita India) raised a sum of INR 152.5 billion #pdf
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on 01 December 2010
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