Equity markets stay in the red early afternoon

By IANS,

Mumbai : Indian equity markets stayed in the red Tuesday afternoon after opening at a loss. Realty, banking and capital goods stocks stayed under selling pressure.

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At 1:00 p.m., the 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, was at 14,830.22 points, down 114.75 points or 0.75 percent from its closing figure Monday. It had touched a low of 14,714.92 points earlier Tuesday.

At the same time the broader based S&P CNX Nifty index of the National Stock Exchange was down 26.55 points or 0.59 percent at 4,455.75.

The market breadth was negative. On BSE, 1,035 shares advanced, 1,379 declined and 87 remained unchanged.