Logo


Markets jittery; Q1 GDP, fiscal deficit data eyed

The broader markets were positive with mid-caps and small-caps gaining 0.2-0.3 per cent on the BSE.

Markets traded sideways in the afternoon session this Friday on back of profit booking in metal and mining shares while bank stocks pared their intra-day gains. Sentiments turned jittery after the Prime Minister Manmohan Singh said that the rupee's tumble is a "matter of concern" but is part of a needed adjustment due to India's large current account deficit. Singh said that rupee depreciation will see upward pressure on inflation, but added that RBI will work on containing it. At 12:40PM, the 30-share Sensex dropped 20 points at 18,380  and the 50-share ...