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From Monsters and Critics.com Business News New Delhi - Indian share markets traded in negative territory on Thursday, tracking global cues. The Bombay Stock Exchange's 30-share sensitive index Sensex closed at 16,907, about 1.95 below its previous close. The broader 50-share Nifty of the National Stock Exchange was down by 1.83 per cent and closed at 5,025. All sectoral indices traded largely in the negative except for information technology. The worst-hit were the banking, auto, capital goods, metal, realty, power and oil and gas. Most Asian markets declined in their initial session of trade on Thursday due to concerns that rising crude oil prices would increase costs and reduce demand for consumer goods. © Copyright 2007 by monstersandcritics.com. This notice cannot be removed without permission. |