Monday, June 7, 2010

Sensex apes global negative sentiments, down 2.19%

Sensex

A benchmark Indian share Monday APED negative emotions ruling other Asian markets and was ruling 2.19 percent lower in morning trading.

Asian stock markets, predictable opened in red, after the disappointing jobs data from the U.S. release Friday. Europe is also expected to be burdened by such fears.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 17,069.77 points, was ruling at 16,743.25 points, 374.44 points or 2.19 per cent down from its previous close at 17,117.69 points.

On the National Stock Exchange (NSE), was the broader 50-share S & P CNX Nifty decision on 5020.3 points down 2.24 percent from its previous close.

Broader market indexes also in red, the BSE mid-cap index ruling 1.68 percent lower and BSE SmallCap index 1.74 percent trading down.

Of the 30 scripts on the Sensex, Reliance Communications and ONGC were among the only winners at this time.

Shares in Reliance Communications opened sharply higher Monday, the day after the board approved a 26 percent equity sale to a strategic investor.

Company scrip, which had closed at Rs.168.15 Friday opened 5.86 percent higher at Rs.178 and touched an intraday high of Rs.179.

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