Markets plummet in early tradeJanuary 15th, 2009 - 11:56 am ICT by IANS
Mumbai, Jan 15 (IANS) Indian equities markets fell precipitiously early Thursday, with a key index shedding more than Wednesday’s gains to go 4.01 percent lower than its previous close.About 15 minutes into trading Thursday, the sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was at 8,994.46 points, a fall of 376.03 points or 4.01 percent from its previous close of 9,370.49 points. It had opened at 9,098.08.
The broader S&P CNX Nifty index of the National Stock Exchange (NSE) acted likewise and was at 2,717.35 points at the same time, 4.16 percent lower than Wednesday’s close of 2,835.30.
The BSE midcap and smallcap indices were also trading below Wednesday’s close.