Trading slack in equities markets (Lead)December 16th, 2008 - 1:10 pm ICT by IANS
Mumbai, Dec 16 (IANS) Trading in the Indian equities markets was rather slow Tuesday morning, with a key index hovering around its previous close while holding on to a marginal rise of 0.07 percent at around 11:18 a.m.The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was ruling at 9,839.66 points, a slight rise of 0.07 percent or 7.27 points over its close Monday at 9832.39.
The broader-based 50-share S&P CNX Nifty of the National Stock Exchange (NSE) breached the 3,000-point mark, around which it had been hovering for several days, and was ruling at 3,002.65 points, a rise of 0.72 percent over its close Monday.
Broader market indices continued outperforming the Sensex with the midcap index 1.83 percent higher than Monday’s close, while the smallcap index rose the highest with gains of 2.26 percent.
Asian markets were a mixed bag with the Nikkei, a key index of the Tokyo Stock Exchange, ruling 0.84 percent lower than its previous close and the Hang Seng, key index of the Hong Kong Stock Exchange, rising 0.23 percent over its previous close.