Indian markets take a dive on openingMarch 2nd, 2009 - 11:44 am ICT by IANS
Mumbai, March 2 (IANS) Indian equities markets plunged at the opening bell Monday with a key index 2.36 percent lower than its last closing figure.
The Bombay Stock Exchange (BSE) Sensitive Index (Sensex) opened at 8,762.88 points, lower than its 8,891.61 point close Friday. About 10 minutes into trade, it was at 8,689.85 points, 2.27 percent or 201.76 points lower than its previous close.
Similarly, the S&P CNX Nifty index of the National Stock Exchange (NSE) was at 2,694.6 points, 2.5 percent down from its last close of 2,763.65.
The BSE midcap index was one percent lower, while the BSE smallcap index was down 0.48 percent.