Markets slide into red on poor liquidity
October 1st, 2008 - 1:01 pm ICT by IANS
Mumbai, Oct 1 (IANS) After a day of gains Tuesday when the rest of world markets kept going down, Indian equities markets Wednesday again showed a contrary trend by going into the red even as other world markets bounced back.The complete lack of liquidity in the money markets was being reflected Wednesday after a day’s lag, analysts said.
One hour into trading the 30-share-sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was at 12,728.47, down 131.96 points or 1.03 percent from its previous close Tuesday at 12,860.43.
The broader-based 50 share S&P CNX Nifty index of the National Stock Exchange (NSE) also went into the red and was at 3,873.55, down 47.65 points or 1.22 percent from its previous close Tuesday at 3,938.75.
The BSE mid cap index was at 4,758.67, down 39.62 points or 0.83 percent from its previous close at 4,798.29.
The BSE small cap index was at 5,556.90, down 20.57 points or 0.37 percent from its previous close Tuesday at 5,577.47.
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- Sensex closes 135 points lower (Lead) - Apr 08, 2011
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- Sensex loses 265 points, closes below 18,000 points (Second Lead) - Feb 08, 2011
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- Day after rally, Sensex takes a breather - Sep 28, 2011
- Sensex rises 149 points on positive European cues - Sep 06, 2011
- Sensex recovers from late losses, closes 112 points up (Second Lead) - Jan 11, 2011
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- Sensex closes 75 points down (Second Lead) - Jan 04, 2012
- Sensex closes 323 points lower (Lead) - Mar 26, 2012
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Tags: bombay stock exchange, bse, cap index, liquidity, mid cap, money markets, national stock exchange, nse, sensex, sensitive index