Markets turn tame, start shedding gains (Second Lead)

January 22nd, 2009 - 4:27 pm ICT by IANS  

Mumbai, Jan 22 (IANS) Indian equities markets slipped Thursday afternoon after a firm start. Nearly an hour before the closing bell, a key index was trading 0.31 percent higher than its previous close, shedding about 120 points from the day’s peak. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened Thursday at 8,905.97 points against the previous close of 8,779.17, was ruling at 8,806.21 points.

At this level, the Sensex was up 27.04 points or 0.31 percent from Wednesday’s close. The broader S&P CNX Nifty index of the National Stock Exchange was ruling at 2,710.4 points, 0.16 percent higher than its previous close.

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