Sensex continues to trade weak (Lead)
January 6th, 2012 - 2:50 pm ICT by IANS
Mumbai, Jan 6 (IANS) A benchmark index for Indian equities Friday continued to trade weak in the afternoon amid negative cues from other Asian bourses. Heavy selling was seen in capital goods, metals and power scrips.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 15,789.08 points, was ruling at 15,711.83 points, 145.25 points or 0.92 percent down from its previous close at 15,857.08 points.
The 50-scrip S&P; CNX Nifty of the National Stock Exchange also was trading in the red at 4,703.85 points, down 0.97 percent or 46.1 points from its previous close.
Broader markets were also in the negative. The BSE 500 index was ruling 0.91 percent down from its previous close.
The market breadth was negative with 1,048 stocks advancing, compared to 1,395 on the decline. Another 110 remained unchanged.
Prominent gainers on the 30-scrip Sensex included RIL, Maruti Suzuki and Cipla, while losers included Hero MotoCorp, Bharti Airtel, ONGC and BHEL.
Fresh concerns on the bad debt held by banks in countries such as Italy and Spain spooked traders at most of the Asian markets.
The Japanese Nikkei moved down 1.16 percent and closed at 8,390.35 points. Hong Kong’s Hang Seng fell 1.19 percent to trade at 18,588.82 points.
However, the Chinese Shanghai Composite index rose 0.7 percent at 2,163.39 points after major government institutions bought banking stocks to support the market. The index however closed 1.6 percent lower for the week–its ninth straight loss making week.
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- Sensex closes in red; oil and gas, realty stocks slump - Jan 05, 2012
- Sensex weak, IT, capital goods under selling pressure - Mar 19, 2012
- Sensex in red in afternoon trade, consumer durables slip - Mar 28, 2012
- Sensex in red, realty, banking under selling - Mar 26, 2012
- Sensex continues to trade lacklustre, RIL soars (Lead) - Jan 18, 2012
- Sensex in red in opening trade - Jun 15, 2011
- Sensex turns volatile; realty, oil, gas stocks fall - Mar 22, 2012
- Indian stock markets begin 2012 on negative note - Jan 02, 2012
- Sensex slips into red as IT stocks fall - Jan 12, 2012
- Sensex slips 136 points, consumer durables, banking stocks lose (Lead) - Mar 28, 2012
- Sensex in red, energy banking scrips under pressure - Jan 16, 2012
- Sensex closes 80 points up, on SBI and rupee shows (Lead) - May 18, 2012
Tags: 163, asian bourses, asian markets, bad debt, benchmark index, bombay stock exchange, bse, capital goods, cipla, gainers, government institutions, hang seng, market breadth, maruti suzuki, national stock exchange, nikkei, ninth straight loss, ongc, sensitive index, shanghai composite index