Home Economy Sensex slips into red, depressed Asian cues a dampner

Sensex slips into red, depressed Asian cues a dampner

By IANS,

Mumbai: A benchmark index of the Indian equities markets slid into the negative around Tuesday noon as other Asian markets were depressed.

At 12.27 p.m., the sensitive index (Sensex) of the Bombay Stock Exchange (BSE) — which opened at 17,150.59 points — was ruling at 17,051.02 points, down 46.53 points or 0.27 percent from its previous close at 17,097.55 points.

It had risen more than 102 points during early trade.

Around the same time, at the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was at 5,081.45 points, against the previous close at 5,105.7 points, a loss of 0.47 percent or 24.25 points.

Broader market indices were flat, with the BSE midcap index down a marginal 0.14 percent and the BSE small cap index ruling a meagre 0.09 percent higher.

The market breadth was tilted towards the negative, with 1,084 stocks advancing, 1,511 scrips declining and 88 remaining unchanged.

Trading was damp at other major Asian markets.

The Hang Seng, a benchmark index of the Hong Kong Stock Exchange, was ruling lower at 21,932.28 points, 0.69 percent or 153.47 points down.

The Kospi, the benchmark index of the Korean Stock Exchange, was flat at 1,663.32 points, down 0.09 percent.

A key Japanese index, the Nikkei, closed 0.22 percent or 22.13 points down at 10,083.55 points.

In China, the Shanghai composite index was ruling 0.15 percent in the red at 3,297.95 points.