Indian stock markets begin 2012 on negative note
January 2nd, 2012 - 2:57 pm ICT by IANS
Mumbai, Jan 2 (IANS) After losing nearly a quarter of their value in 2011, key indices of Indian equities markets started trading in 2012 on a negative note with benchmark Sensex ruling 68 points down Monday afternoon.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was trading at 15,387.27 points in the afternoon, down 0.44 percent or 67.65 points from its previous close at 15,454.92 points.
The Sensex had lost 24.20 percent or 4,934.15 points in 2011.
Indian equities are in the red for the fifth straight day. The 30 scrip index had lost 516 points in the last four trading sessions.
At the National Stock Exchange, the 50-scrip S&P; CNX Nifty was also witnessing choppy trading with negative bias after losing almost a quarter of its value in 2011.
The Nifty was ruling 0.36 percent down at 4,607.65 points.
Broader markets and most sectoral indices were also in the red. The BSE midcap index was down 0.61 percent and the smallcap index was ruling 0.16 percent lower.
There was selling pressure in auto and realty stocks. The BSE auto stocks were down 2.10 percent and the realty index was down 1.84 percent.
- Sensex slumps 24 percent in 2011 (Roundup) - Dec 30, 2011
- Sensex falls 89 points; yearly loss widens to 24 percent (Lead) - Dec 30, 2011
- Sensex closes in green on first session of 2012 (Lead) - Jan 02, 2012
- Choppy trading at Indian equities after outlook downgrade - Apr 26, 2012
- Sensex slips in morning trade - Jan 06, 2012
- Sensex in red in afternoon trade, consumer durables slip - Mar 28, 2012
- Sensex turns volatile; realty, oil, gas stocks fall - Mar 22, 2012
- Sensex falls 58 points; IT, metal stocks slump - Apr 10, 2012
- Sensex fluctuates wildly, now down 251 points (Second Lead) - Jan 14, 2011
- Sensex falls 100 points on weak Asian cues - Apr 04, 2012
- Sensex slips 100 points; metal, telecom stocks slump - Apr 11, 2012
- Sensex subdued in afternoon trade - Jun 06, 2011
- Benchmark indices subdued, midcaps rise - Feb 09, 2012
- Sensex 0.5 percent down in choppy trade - Dec 29, 2011
- Sensex hovers near 16,600; metal, auto stocks rally - Jan 19, 2012
Tags: auto stocks, bombay stock exchange, bse, indian stock markets, midcap index, monday afternoon, national stock exchange, negative bias, realty stocks, sectoral indices, sensex, sensitive index, smallcap index, trading sessions