Markets tumble soon after opening
By IANSTuesday, April 28, 2009
MUMBAI - Indian equities markets followed their global peers Tuesday as a key index fell more than 100 points over its previous close.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 11,371.34 points, around the same level as its 11,371.85 points close Monday. After about 25 minutes of trading, it was at 11,261.36 points, 0.97 percent or 110.49 points lower than its previous close.
Similarly, the S&P CNX Nifty of the National Stock Exchange (NSE) was at 3,418.75 points, 1.48 percent lower than its previous close.
Broader indices also followed the Sensex, with the BSE midcap index down 0.52 percent, and the BSE smallcap index ruling 0.70 percent lower than its previous close.
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