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Markets dip in afternoon trade

By IANS,

Mumbai : Indian equities markets dipped in the afternoon trade Tuesday amid profit booking. Nearly 90 minutes before the closing bell, a key index was trading 0.38 percent lower than its previous close.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 9,589.95 points, was trading at 9,547.34 points, down 0.38 percent or 36.55 points.

However, the BSE midcap index was trading 0.29 percent higher, while the BSE smallcap was up 0.15 percent.

At the same time, the broader-based S&P CNX Nifty of the National Stock Exchange (NSE) was at 2,898.8 points, 0.72 percent lower than its previous close of 2,919.9 points.