Markets end in red for the fourth straight day (Roundup)September 12th, 2008 - 6:00 pm ICT by IANS
Mumbai, Sep 12 (IANS) For the fourth consecutive day, the Indian equity markets closed in the red. The 30-share benchmark of the Bombay Stock Exchange (BSE) sensitive index (Sensex), which opened at 14,432.08 points, touched a low of 13,933.87 points before closing at 14,000.81 points. It went down by 323.48 points or 2.26 percent at the day’s close.
The National Stock Exchange (NSE) S & P Nifty, which opened at 4291.60 points, closed at 4228.45 points. It went down by 61.85 points or 1.44 percent.
The BSE Midcap index, which closed at 5,537.14 points, went down by 61.73 points or 1.08 percent.
The BSE Smallcap index, which closed at 6,818.93 points, went down by 110.06 points or 1.95 percent.
The market breadth was negative. On the BSE, 818 shares advanced, 1,848 declined and 74 maintained status quo.
Top losers of the day included Reliance Infrastructure at Rs.992 down by 6.32 percent, Infosys at Rs.1,749 down by 6.00 percent, and ICICI Bank at Rs.686.45 down 4.89 percent.