Sensex slips into red
August 30th, 2010 - 4:09 pm ICT by IANS
Mumbai, Aug 30 (IANS) A benchmark index for Indian equities slipped from its intra-day highs and was ruling marginally lower than its previous close.
Other Asian markets, however, closed in the green.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,063.48 points, was trading in afternoon trade at 17,998.73 points, almost unchanged from Friday’s close at 17,998.41 points.
It had risen to 18,216.5 points soon after opening bell.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was ruling 0.05 percent up at 5,410.2 points.
Broader markets indices were ruling in a slump. The BSE midcap index was down 0.19 percent while the BSE smallcap index was flat.
Metal and energy scrips saw some buying, while IT and FMCG stocks came under selling pressure.
The market breadth was tilted towards the positive with 1,490 scrips advancing, compared to 1,410 stocks declining and 97 remaining unchanged.
Other major Asian markets moved up higher Monday, reacting positively to the US Federal Reserve Chairman Ben Bernanke’s comments that he would step in and take more “unconventional” steps to boost growth if the American recovery “deteriorated significantly”.
The Japanese Nikkei closed 1.76 percent up at 9,149.26 points.
The Chinese Shanghai Composite index ended 1.61 percent higher at 2,652.66 points, while Hong Kong’s Hang Seng closed 0.68 percent higher at 20,737.22 points.
European markets were ruling quiet at this time.
- Sensex up 33 points, profit booking pares gains (Roundup) - Aug 30, 2010
- Sensex closes 33 points higher (Lead) - Aug 30, 2010
- Sensex off day's highs, holding in green - Mar 20, 2012
- Sensex ruling moderately higher as rate cut hopes fade - Mar 12, 2012
- Sensex dull in early trade - Jan 27, 2011
- Sensex weak, IT, capital goods under selling pressure - Mar 19, 2012
- Sensex 117 points up, snaps out of four-day losing spree (Roundup) - Aug 01, 2011
- Sensex in see-saw trade, consumer durables, realty stocks up - Mar 27, 2012
- Benchmark indices subdued, midcaps rise - Feb 09, 2012
- Sensex holds on to gains, but slips from 18,000 - Feb 29, 2012
- Sensex starts week on strong footing - Feb 06, 2012
- Markets correct, Sensex closes below 18,000 (Roundup) - Aug 27, 2010
- Sensex slips after touching 18,000 points - Mar 14, 2012
- Sensex holds on to moderate gains amid volatility (Lead) - May 10, 2011
- Sensex rises in afternoon trade, capital goods scrips lead - Mar 21, 2012
Tags: afternoon trade, asian markets, benchmark index, bombay stock exchange, bse, european markets, federal reserve chairman, federal reserve chairman ben bernanke, hang seng, market breadth, midcap index, national stock exchange, nikkei, opening bell, scrips, sensitive index, shanghai composite index, smallcap index, unconventional steps, us federal reserve chairman