Thursday, December 8, 2011

Telecom/Mobile News Headlines | Tech News – Yahoo! India News: BSE Sensex falls 2 pct; autos, banks drop

Telecom/Mobile News Headlines | Tech News – Yahoo! India News
Latest telecom/mobile news headlines from Yahoo! India News. Top stories & Telecom/Mobile news articles, videos, photos from India & around the world.
BSE Sensex falls 2 pct; autos, banks drop
Dec 8th 2011, 06:30

photoMUMBAI (Reuters) - The BSE Sensex fell more than 2 percent on Thursday, weighed down by renewed concerns about slowing growth and the government's inability to pursue reforms and help retrieve the ground. Automakers such as Maruti Suzuki and Tata Motors were among the losers after an industry body said carmakers may just break even this year and warned it would cut its sales outlook. Rising finance costs and increasing prices have deterred buyers in Asia's third-largest economy in recent months, with car sales in April-November down 3.5 percent from the same period a year ago. ...


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