Equities recover but still end in red (Lead)November 17th, 2008 - 7:18 pm ICT by IANS
Mumbai, Nov 17 (IANS) In a volatile day of trading, Indian equities markets recovered somewhat late afternoon to end marginally down with a key index losing just 1 percent from its previous close last Friday after going below the psychologically important 9,000 mark mid-afternoon.The 30-share benchmark sensitive index (Sensex) of the Bombay Stock Exchange (BSE) finished at 9,291.01, down 94.41 points or 1.01 percent from its previous close last Friday at 9,385.42 points.
The Sensex opened slightly higher at 9,396.93 but immediately began to slide to hit an intra-day low of 8,956.68 before inching up to its current value.
The broader-based 50 share S&P CNX Nifty of the National Stock Exchange (NSE) also showed a similar trend and finished at 2799.55, down 10.8 points or 0.38 percent from its previous close at 2810.35 points.
The BSE midcap index closed at 3,133.36, down 82.72 points or 2.57 percent from its previous close at 3,216.08 points.
The BSE smallcap index finished at 3,661.39, down 103.66 points or 2.75 percent from its previous close at 3,765.05 points.