Indian equities in grip of volatile trading (Lead)October 17th, 2008 - 2:27 pm ICT by IANS
Mumbai, Oct 17 (IANS) Indian equities opened on a positive note Friday after two days of losses but were ruling flat post noon amid some volatile trading, as sentiments remained nervous over a possible recession in the US.The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened the day at 10,763.34 points, as against the previous close at 10,581.49 points, and was ruling at 10,601.33 points at 12.30 p.m.
At this level, the index was up 198 points, or 0.19 percent, over the previous close. But before that the index had dipped into the red with a low of 10,451.68 points.
The S&P CNX Nifty index, a basket of 50 shares in the National Stock Exchange, was ruling 0.50 percent up at 3,285.80.