Indian equities fall further on weak global cues

October 27th, 2008 - 12:42 pm ICT by IANS  

SensexMumbai, Oct 27 (IANS) The bear hug over Indian equities market continued Monday pulling a key index down precariously close to the 8,000-point mark as the mood remained nervous on the back of weak global cues.The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened lower at 8,599.58 points and moved up to 8,739.48 points soon after. But nervousness set in soon after, and pulled the index down to 8,076.75 points.

At that level, the 30-share bellwether index was ruling at a loss of 624.32 points, or 7.18 percent.

At the National Stock Exchange (NSE), the broader S&P CNX Nifty was ruling at 2,402.20 points, with a loss of 7.04 percent.

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