Markets stay down as global cues weaken (Lead)

January 30th, 2009 - 1:24 pm ICT by IANS  

SensexMumbai, Jan 30 (IANS) Indian equities markets stayed down in morning trade Friday; trade in some other important global markets weakened too. An hour into trading, a key Indian index was still 0.64 percent below its last close.However, the sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was above its 9,111.12-point opening.

It was at 9,177.62 points, 0.64 percent or 58.66 points lower than its previous close at 9,236.28 Thursday.

At the same time, the S&P CNX Nifty index of the National Stock Exchange (NSE) was at 2,809.45 points, 0.48 percent down from its last close of 2,810.4.

The BSE midcap index was marginally down 0.03 percent, while the BSE smallcap index was 0.04 percent lower than its previous close.

Of the 13-sectoral indices on the BSE, FMCG and oil and gas indices were the only ones up.

Top gainers were ONGC (up 2.19 percent), Ranbaxy (up 1.93 percent) and Grasim Industries (up 1.56 percent), while losers included Sun Pharma (down 8.49 percent), BHEL (down 4.09 percent) and ICICI Bank (down 2.55 percent).

In other Asian markets, a key index of the Tokyo stock exchange, the Nikkei 225 Stock Average, was down 3.86 percent at 7,932.95.

The Hang Seng, a key index of the Hong Kong Stock Exchange, was also trading 0.48 percent lower than its last close.

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