Thursday, 17 December 2009 at 10:23, Bloomberg
India’s benchmark stock index fell, led by DLF Ltd after the nation’s biggest property developer said it will list a real estate investment trust when the markets are “right.” DLF declined 1.3 per cent after it said it hasn’t set any timeline for the listing of its investment trust, Saurabh Chawla, executive director for finance said yesterday. Reliance Infrastructure Ltd, the builder of a mass rapid transit system in Mumbai, slid 1 percent. Maruti Suzuki India Ltd, the largest carmaker, lost 1.3 per cent after it was rated “sell” in new coverage at Goldman Sachs Group Inc. The Bombay Stock Exchange’s Sensitive Index, or Sensex, retreated 51.62, or 0.3 per cent, to 16,861.15 at 9:59 am in Mumbai. The S&P CNX Nifty Index on the National Stock Exchange lost 0.3 per cent to 5,026.95. The BSE 200 Index fell 0.2 per cent to 2,109.20.
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