Sensex closes 194 points down (Lead)

May 16th, 2011 - 5:07 pm ICT by IANS  

Sensex Mumbai, May 16 (IANS) A benchmark index for Indian equities markets Monday closed 194 points lower as latest data showed annual inflation still quite high.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,492.68 points, closed at 18,336.35 points (provisional) — down 194.93 points or 1.05 percent from its previous close at 18,531.28 points.

The 50-scrip S&P; CNX Nifty of the National Stock Exchange ended at 5,497.35 points, down 0.85 percent.

Broader markets ended weak, with the BSE midcap index closing 0.84 percent down and the BSE smallcap index 0.73 percent down.

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