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RSS FeedsBanking fraud subdues risk-taking appetite, equities close lower
(WorldNews Business)

 
 

20 february 2018 07:53:23

 
Banking fraud subdues risk-taking appetite, equities close lower
(WorldNews Business)
 


Mumbai: The recent turbulent developments in the country`s banking sector kept investors` risk-taking appetite low, leading the key Indian equity indices to close in the negative territory for the fourth consecutive trade session on Monday. According to market observers, heavy selling pressure in capital goods, auto, metals and banking stocks, along with continued outflow of foreign funds and a surge in crude oil prices, dampened market sentiment despite positive global cues. Although both indices -- BSE Sensex and NSE Nifty50 -- recouped some losses during the late afternoon...


 
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