Key Indian equities index loses 6.61 percent (Second Lead)November 11th, 2008 - 5:55 pm ICT by IANS
Mumbai, Nov 11 (IANS) After two trading sessions ending in the green, Indian equities markets again came under bear mauling Tuesday with a key share index shedding nearly 700 points at close to finish below the psychologically important 10,000 mark.This was the largest single-day loss in recent weeks, analysts said.
The 30-share benchmark sensitive index (Sensex) of the Bombay Stock Exchange (BSE) finished at 9,839.69, down 696.47 points or 6.61 percent from its previous close Monday at 10,536.16 points.
The Sensex opened weak at 10,405.39, down 130.77 points or 1.24 percent from its previous close and continued to fall to hit an intra-day low of 9,799.45 before inching back a bit to its final closing value.
The broader-based 50 share SP CNX Nifty of the National Stock Exchange (NSE) also showed a similar trend and closed at 2938.65, down 209.6 points or 6.66 percent from its previous close Monday at 3,148.25 points.
The BSE midcap index finished at 3,356.70, down 118.39 points or 3.41 percent from its previous close at 3,475.09 points.
The BSE smallcap index closed at 3,888.01, down 100.02 points or 2.51 percent from its previous close at 3,988.03 points.