Markets continue to slip in afternoon trade

By IANS,

Mumbai : Indian equities markets continued to slip in the afternoon Thursday, with a key index trading 1.25 percent lower than its previous close, about 90 minutes before the closing bell.

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The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 9,559.03 points, was trading at 9,498.26 points, down 1.25 percent or 120.28 points.

Among broader market indices, the BSE midcap index was ruling 0.45 percent higher, while the BSE smallcap was up 0.91 percent.

At the same time, the broader-based S&P CNX Nifty of the National Stock Exchange (NSE) was at 2,899.7 points, 0.89 percent lower than its previous close of 2,925.7 points.