Indian equity markets open lower, keep fallingDecember 23rd, 2008 - 12:33 pm ICT by IANS
Mumbai, Dec 23 (IANS) Indian equity markets opened lower Tuesday and kept falling, with a key index more than 150 points below Monday’s close, almost an hour into trading.Weak markets in the US and elsewhere in Asia seemed to have prompted the slide in Indian equities as well.
The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened the day at 9,821.57 points, against Monday’s close at 9,928.35 points. Almost an hour later, it had dropped further to 9,773.25 points, 155.1 points or 1.56 percent below Monday’s close.
The midcap and smallcap indices of the BSE were also in the red.