Equities markets stay in the red (Second Lead)

May 20th, 2008 - 2:36 pm ICT by admin  

A file-photo of Sensex

Mumbai, May 20 (IANS) The Indian equities markets stayed in the negative zone early Tuesday afternoon. Banking, realty and consumer goods sectors were under selling pressure. At 12:30 p.m. the 30-share benchmark sensitive index of the Bombay Stock Exchange (BSE), the Sensex, was trading at 17,290.04 with a loss of 144 points. Since its opening, it had touched a high of 17,367.13 and a low of 17,256.29 points.

At the same time, the S&P Nifty index of the National Stock Exchange was trading at 5,107.45 points with a loss of 50.25.

However, the market breadth stayed positive. On BSE, 1,377 stocks advanced compared to 1,139 that declined; 82 remained unchanged.

Other Asian markets also continued to trade lower.

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