By IANS,
Mumbai : Depressed cues from Asian markets continued to impact Indian equities Wednesday with a key index trading on a dull note after having opened lower.
At 11.08 a.m., the 30-scrip benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened weak at 15,482.05 points, was at 15,517.14 points — 34.05 points or 0.22 percent lower than Tuesday’s close.
Around the same time, the S&P CNX Nifty of the National Stock Exchange (NSE) too was trading in the negative terrain at 4,615.9 points, down 0.2 percent.
Broader market indices also gave up early morning gains, with the BSE midcap index trading 0.42 percent lower and the BSE smallcap index moving down 0.45 percent.
Of the 13 sectoral indices on the BSE, those for metal, banking and capital goods came under selling pressure, while those for FMCG and IT were gaining the most.
The market breadth was tilted towards the negative, with 959 stocks on the rise, compared to 1,289 on the decline, and 72 remaining unchanged.
Among the gainers at this time were Reliance Communications, up 3.69 percent at Rs.273.75; Hero Honda, up 2.04 percent at Rs.1,566; ITC, up 1.28 percent at Rs.232.80, and Hindustan Unilever, up 0.88 percent at Rs.264.
The leading losers were: Sterlite, down 1.65 percent at Rs.645; ICICI Bank, down 1.27 percent at Rs.735.25; Tata Steel, down 0.92 percent at Rs.431.60, and Maruti Suzuki, down 0.9 percent at Rs.1,532.
Other important Asian markets were trading dull.
The Nikkei, a key index of the Tokyo Stock Exchange, was ruling 268.69 or 2.55 percent lower at 10,261.37 points.
At the Shanghai Stock Exchange, the benchmark SSE composite was ruling 0.51 percent down at 2,669.94 points.
The primary index of the Hong Kong Stock Exchange, Hang Seng, was doing no better at 19,558.29 points, down 314.01 points or 1.58 percent.