ECONOMY ANALYSIS:
Sensex sheds 155 pts ahead of RBI policy; Jet Airways up 4%
Crisil warns money squeeze to worsen asset quality of banks
UltraTech's Q1 net down 14% on construction slowdown
TV18 Q1 PAT turns positive at Rs 6cr; Q1FY13 loss Rs 24cr
Jubilant Life reveals China anti-dumping duty...2 months late
RBI also needs to look at growth, FM says ahead of policy
MARKET ANALYSIS:
Sliding lower for the fourth day, the S&P BSE benchmark Sensex today fell 155 points to nearly three-week low of 19,593.28 as banking stocks remained weak ahead of RBI monetary policy review while FMCG, PSU and metal shares saw selling earnings-related pressure.
The Sensex, which shed 555 points in last three sessions, fell further by 154.91 points, or 0.78 per cent to 19,593.28 -- its lowest closing value of 19,294.12 on July 10.
On similar lines, the National Stock Exchange index fell by 54.55 points, or 0.93 per cent, to 5,831.65.
Among Sensex constituents, Hindustan UnileverBSE -3.71 % dropped 3.71 per cent to Rs 638.70 and ITC by 2.88 per cent to Rs 357.90. The two stocks have a combined 16 per cent weight.
In 30-BSE index components, 20 stocks declined while 10 ended higher. The FMCG sector index suffered the most (losing 2.67 per cent), followed by metal index (1.80 per cent), PSU index (1.80 per cent), realty (1.65 per cent) and banking (1.20 per cent).
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