Markets off to a negative startJune 15th, 2009 - 11:47 am ICT by IANS
Mumbai, June 15 (IANS) Indian equities markets opened on a negative note Monday with a key index losing more than 139 points in about five minutes of trade.
The benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened lower at 15,195.83 points was ruling at 15,114.96 points, 122.98 points or 0.81 percent below Friday’s close.
The S&P CNX Nifty of the National Stock Exchange (NSE) too slipped, moving down 1.24 percent to rule at 4,526.45 points around the same time.
Broader market indices were also ruling in the red, with the BSE midcap index ruling 0.74 percent lower and the BSE smallcap index moving down 0.45 percent.
The market breadth was negative with 354 scrips advancing as compared to 705 stocks on the decline. Only 24 stocks remained unchanged.