Business Monday, May 12, 2008

Sensex opens with nearly 100-point loss

From correspondents in Maharashtra, India, 11:00 AM IST

The Indian equities markets opened in the red Monday, tracking mixed cues from other Asian markets.

The 30-share benchmark index of the Bombay Stock Exchange, the Sensex, opened with a loss of 97.62 points at 16,641.45.

The S and amp;P Nifty indexd of the National Stock Exchange opened at 4,981 points with a loss of 10.75 points.

Other Asian markets barring the one in Japan were trading lower.

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