Telecom/Mobile News Headlines | Tech News – Yahoo! India News: Sensex slips to two-year closing low

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Sensex slips to two-year closing low Dec 16th 2011, 12:08 MUMBAI (Reuters) -The BSE sensex fell 2.2 percent to its lowest close in more than two years on Friday, underlining investor gloom about the economic outlook even after the central bank said it would likely start easing monetary policy. The benchmark 30-share BSE index fell 2.2 percent to 15,491.35 points, its lowest close since November 3, 2009. It had risen as much as 1.5 percent in early trade. Twenty-eight of its components ended lower. The main stock index, ended down 4.5 percent for the week, its second straight weekly loss, and its worst loss in four weeks. ...

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Posted in: Bangalore