Markets continue to gain, Sensex up 437 points (Lead)June 9th, 2009 - 4:09 pm ICT by IANS
Mumbai, June 9 (IANS) Indian equities markets made further gains Tuesday afternoon, with a key index ruling 437 points higher than its previous close about 70 minutes before the closing bell.
The benchmark index of the Bombay Stock Exchange (BSE), the Sensex, was trading at 15,103.03 points, 437.11 points or 2.98 percent higher than Monday’s close. It opened at 14,618.98 points and soon plunged to a low of 14,526.69, but started recovering in the late morning session.
The Sensex had dropped 438 points Monday, the third biggest fall of the year, to end below the 15,000-mark.
The S&P CNX Nifty of the National Stock Exchange (NSE) too gained ground, moving up 2.43 percent to rule at 4,537.35 points around the same time.
The broader market indices were also in the positive terrain, with the BSE midcap index ruling 2.24 percent higher, and the BSE smallcap index up 0.75 percent.