Profit

Markets cut losses despite Left's move

PUBLISHED ON: July 8, 2008 | Duration: 2 min, 04 sec

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Despite the Left's announcement of withdrawal of support to the UPA, the markets recovered some losses of the early trade, but closed in the red on weak global cues. The Sensex ended lower by 176 points at 13,349 levels. The Sensex ended lower by 176 points at 13,349 levels. The markets had probably factored in the Left's move of withdrawing support to the UPA, as it did not react negatively to the announcement. The Sensex pared some of its early losses, after the news came in.
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