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Global Markets On Profit Sales Binge

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Our Research Bureau BUSINESS STANDARD

The Sensex and S&P CNX Nifty index, which have remained almost flat since September 8, also succumbed to profit booking today

Investors all over the world have decided, almost as if directed by an unseen hand, to book profits in the equity markets in the last four days. Major indices across the globe have fallen during the last four days, despite no shock to the fundamentals.

Until Wednesday, only two Asian indices had managed to buck the global trend

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First Published: Sep 12 2003 | 12:00 AM IST

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