Sensex closes 240 points lower

October 27th, 2010 - 5:15 pm ICT by IANS  

Sensex Mumbai, Oct 27 (IANS) A benchmark index of Indian equities Wednesday closed 240 points lower as traders off-loaded their long positions ahead of the October futures expiry.

The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 20,220.58 points, closed at 19,980.6 points (provisional), down 240.79 points or 1.19 percent from its previous close at 20,221.39 points.

At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty ended at 6,007 points, down 1.23 percent.

Broader markets also closed in the red. The BSE midcap index ended 0.32 percent lower, while the BSE smallcap index moved down 0.33 percent.

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