Indian equities in negative zone at openingMay 6th, 2008 - 11:56 am ICT by admin
Mumbai May 6 (IANS) The Indian equities markets opened in the negative zone Tuesday, tracking weak markets elsewhere in Asia. The 30-share benchmark index of the Bombay Stock Exchange, the Sensex, opened at 17,441.41 points, 65.75 points below its close Monday.
The S&P Nifty of the National Stock Exchange opened at 5,192.35 points.
Most other Asian markets were trading lower. China’s Shanghai Composite dropped 1.80 percent or 67.81 points to 3,693.20. Hong Kong’s Hang Seng fell 0.35 percent or 91.10 points to 26,092.85. Taiwan’s Taiwan Weighted was down 0.18 percent or 16.11 points to 8,820.96. Singapore’s Straits Times declined 0.22 percent or 7.28 points to 3,240.76. However, South Korea’s Seoul Composite was up 0.13 percent or 2.32 points at 1,850.59.