Markets open on a negative noteJune 11th, 2009 - 12:02 pm ICT by IANS
Mumbai, June 11 (IANS) Negative sentiments ruled Indian equities markets Thursday with a key index dipping more than 155 points about 20 minutes into trade.
The benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened at 15,517.36 points was ruling at 15,322.9 points, 155.03 points or 1 percent lower than Wednesday’s close.
The S&P CNX Nifty of the National Stock Exchange (NSE) too lost ground, moving down 0.81 percent to rule at 4,617.75 points around the same time.
Broader market indices were also ruling in the red, with the BSE midcap index ruling 1.59 percent lower and the BSE smallcap index moving down 1.45 percent.
Market breadth remained negative with only 549 scrips advancing as compared to 1,255 stocks on the decline. Only 42 stocks remained unchanged.