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Sensex stays down after weak start

By IANS,

Mumbai : A benchmark index of the Indian stock markets was in the red shortly after noon Monday, down moe than 80 points from its previous close.

The 30-scrip Sensex of the Bombay Stock Exchange, which opened Monday at 16,185.26 points, was at 16,183.62 at 12.03 p.m., 80.68 points or 0.5 percent below its Friday’s close at 16.264.30.

The broader Nifty index of the National Stock Exchange was at 4,801.55 points at the same time, 0.58 percent below its previous close at 4,829.55.