Sensex tumbles in morning trade

By IANS,

Mumbai: A benchmark index of Indian equities Tuesday dived sharply in morning trade, having opened on a green note.

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The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 20,357.79 points, was after 40 minutes into trade ruling at 20,215 points, down 124.89 points or 0.61 percent from its previous close at 20,339.89 points.

It had moved up to 20,368.4 points soon after opening bell.

At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty was trading at 6,090.85 points, down 0.73 percent.

Broader markets were trading mixed with the BSE midcap index ruling 0.17 percent down and the BSE smallcap index 0.22 percent higher.