Equities end on sombre note, gain lower than expectedDecember 8th, 2008 - 6:02 pm ICT by IANS
Mumbai, Dec 8 (IANS) After a buoyant start following the fiscal stimulus package announced Sunday, the Indian equities markets slipped in intra-day trading Monday, though managing to end a little over Friday’s close.The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) finished Monday at 9,162.62, losing over half of the day’s gain.
The Sensex opened 205 points up at 9,276.89 points, hit a high of 9,432.11 before slipping to its closing value.
The broader-based 50-share S&P CNX Nifty of the National Stock Exchange (NSE), also showed a similar trend and closed at 2,784, up 69 points or 2.56 percent from its previous close Friday at 2,714.4 points.
The BSE midcap index finished at 2,885.03 points, down 7.92 points or 0.27 percent from its previous close Friday at 2,892.95 points.
The BSE smallcap index closed at 3,343.2 points, up 19.66 points or 0.59 percent from the weekend’s close at 3,323.54 points.