Mumbai : Profit booking further pulled down a key index of the Indian equities markets Monday afternoon, with the index ruling 249 points lower about an hour before the closing bell.
The benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened higher at 15,153.21 points, was trading at 14,854.35 points – 249.2 points or 1.65 percent lower than Friday’s close.
Like the Sensex, the S&P CNX Nifty of the National Stock Exchange (NSE) too fell, shedding 2.39 percent from its last close to stand at 4,477.2 points.
Profit booking was underway in lesser scrips as well, leading to pressure on broader market indices. The BSE midcap index fell 3.07 percent from its previous close, while the BSE smallcap index was down 3.86 percent.