The market has remained in a mixed state of mind, has come off its intra-day high and has finally ended the day in negative territory.
India's exporters are looking out for Euro-dominated trade opportunities due to strengthening of rupee and pressure on profit margins, according to a survey by the Federation of Indian Chamber of Commerce and Industry (FICCI).
The Chinese, in turn, will reciprocate by procuring more iron ore from India and also set up steel plants in India in the near future.
Banks, FMCG, IT, Metal, Healthcare, Capital Goods, Consumer Durables, PSU, Oil & Realty have ended negative in varying degrees while Auto has ended in positive territory
Korean consumer durables major LG on Friday said it will invest Rs 800 crore (Rs 8 billion) in 2011 to add capacity and for other purposes in India, which it expects will become its largest air-conditioner market in the world by next year ahead of the current leader US.
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