Indian equities down on weak global cues

September 23rd, 2008 - 12:30 pm ICT by IANS  

SensexMumbai, Sep 23 (IANS) Indian equities fell during early hours of trading Tuesday following the crash in Wall Street as uncertainly emerged over the US government’s bailout package for debt-burdened banks.The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened lower at 13,721.42 points, over Monday’s close at 13,994.96 points, and soon moved up higher at 13,879.06 points.

After some volatile trading over the next 45 minutes, however, the barometer index was ruling lower at 13,862.01 points, with a loss of 132.95 points, or 0.95 percent, over the previous close.

The situation was no different for the broader CNX S&P Nifty index of the National Stock Exchange (NSE), which was down 0.73 percent at 4,192 points.

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