Market ends deep in red

June 4th, 2008 - 6:04 pm ICT by IANS  

A file-photo of Sensex

Mumbai, June 4 (IANS) The Indian equities market closed Wednesday deep in the red with fears of further rise in inflation after the fuel price hike. The 30-share benchmark Sensitive Index (Sensex) of the Bombay Stock Exchange (BSE) opened at 15,992.90 points and touched a low of 15,442.34 before closing at 15,514.79 points. It went down by 447.77 points at the day’s close or 2.81 percent.

The National Stock Exchange (NSE) S&P Nifty, which opened at 4,718.70 points, closed at 4,585.60 points. It went down by 130.30 points or 2.76 percent.

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