Sensex slips from morning high
August 17th, 2010 - 1:46 pm ICT by IANS
Mumbai, Aug 17 (IANS) A benchmark index for Indian equities was ruling on a quiet note Tuesday, having slipped from opening highs.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,049.19 points, was at 18,034.78 points, 16 points or 0.09 percent down from its previous close at 18,050.78 points.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was ruling 0.06 percent down at 5,414.85 points.
Broader markets indices were also in the green, with the BSE midcap index 0.2 percent up and the BSE smallcap index trading 0.32 percent higher.
Banking stocks were on the rise, while IT, realty and telecom scrips lost out.
The market breadth was positive, with 1,458 scrips advancing, compared to 1,266 stocks declining, and 101 remaining unchanged.
Asian bourses were trading lower with investors worried over signs of lagging economic growth.
The Japanese Nikkei was ruling 0.42 percent lower at 9,128.85 points while Hong Kong’s Hang Seng was down 0.16 percent at 21,078.4 points.
The Chinese Shanghai Composite index was unchanged slump. However, the South Korean Kospi closed 0.67 percent in the green.
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