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Sensex losers, gainers this week
It was a tough week for Indian shares as the BSE Sensex fell nearly 3 percent and the Nifty lost 3.3 percent as U.S. Fed chief Bernanke’s suggestion that stimulus measures may be scaled back at one of their next few meetings dented sentiment. Here's a look at the top Sensex losers and gainers. Full Article
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Goldman Sachs downgrades HDFC to 'sell' from 'neutral'
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MUMBAI |
MUMBAI (Reuters) - Goldman Sachs cut its rating on Housing Development Finance Corp Ltd(HDFC.NS) to "sell" from "neutral", on expectations that India's economy would recover at a "modest" pace and the prospect of rising competition.
Goldman also downgraded its target price on HDFC to 740 rupees from 790 rupees.
(Reporting by Abhishek Vishnoi; Editing by Prateek Chatterjee)
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