Sensex continues crash, moves below 15,000 mark, 651 points down (Second Lead)June 9th, 2008 - 2:02 pm ICT by IANS
Mumbai, June 9 (IANS) The Indian equities markets were trading deep in the red Monday and slipped below the psychologically important 15,000 mark following a sharp rise in global crude oil prices. Realty, power, banking, capital goods, metal and auto stocks were the worst hit. At 11:20 a.m., the 30-share benchmark sensitive index of the Bombay Stock Exchange (BSE), the Sensex, was trading at 14,921.15, with a loss of 651.03 points or 4.18 percent from its closing figure Friday. Before that, it had hit a low of 14,846.18 points.
At the same time, the S&P Nifty index of the National Stock Exchange was trading at 4,424.45 points with a loss of 203.35 points or 4.39 percent from its previous close.
The market breadth was extremely weak. On BSE, 193 stocks advanced, 2,154 declined and 18 remained unchanged.