Sensex closes 527 points lower (Lead)
January 10th, 2011 - 5:09 pm ICT by IANS
Mumbai, Jan 10 (IANS) Rampant selling across the Indian equities markets Monday resulted in a benchmark index getting clobbered and ending trade 527 points lower with analysts attributing the down-trend to off-loading by foreign investors.The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,714.42 points, closed at 19,164.77 points (provisional), down 527.04 points or 2.68 percent from its previous close at 19,691.81 points.
At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty ended at 5,755.65 points, down 2.52 percent or 148.95 points.
Broader markets were also in the negative, with the BSE midcap index ending 2.44 percent lower and the BSE smallcap index closing 2.96 percent down.
Capital goods, realty and oil and gas stocks were among the major losing sectors on the markets. All 13 sectoral indices on the BSE closed in the red.
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Tags: benchmark index, bombay stock exchange, bse, capital goods, down trend, foreign investors, gas stocks, national stock exchange, oil and gas, sectoral indices, sectors, sensex, sensitive index, smallcap index
