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Markets open flat, go into red soon after

By IANS,

Mumbai : Indian equities markets opened flat and slipped into the red after 30 minutes of trading on continuing political uncertainty over the $700 billion bailout plan in the US, analysts said.

After 30 minutes of trading the 30-share benchmark sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was ruling at 13,614.70, down 77.82 points or 0.57 percent over its previous closing Wednesday at 13,661.46.

The broader based 50-share S&P Nifty index of the National Stock Exchange (NSE) was at 4,124.25, down 37 points or 0.89 percent from its previous close Wednesday at 4161.25.

The BSE mid cap index was at 5,121.23, down 5.55 points or 0.11 percent from its previous close at 5,124.97.

The BSE small cap index was at 6,096.11, down 5.40 points or 0.09 percent from its previous close at 6,106.14.