Sensex starts 172 points down, slips further (Lead)June 19th, 2008 - 12:24 pm ICT by IANS
Mumbai, June 19 (IANS) Indian equity markets were in the negative zone early Thursday, with selling pressure on realty, capital goods and banking stocks. The 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, opened with a loss of 171.84 points at 15,250.47 points. Ten minutes into trading, it was at 15,243.15 with a loss of 179.16 points or 1.16 percent from its closing figure Wednesday.
At the same time the S&P CNX Nifty index of the National Stock Exchange was trading at 4,538.65 points with a loss of 43.65 points or 0.95 percent compared to its previous close.
The market breadth was negative. On BSE 570 shares advanced, 1,035 declined and 33 remained unchanged.
ACC Ltd, Hindalco and Ambuja Cements were among the top gainers in early trade, while Ranbaxy Ltd, Maruti Suzuki and BHEL were among the top losers.
Other Asian markets were also trading lower.