From correspondents in Maharashtra, India, 05:01 PM IST

Indian equity markets closed deep in the red Wednesday.

The 30-share benchmark index of the Bombay Stock Exchange (BSE), the SSensex, opened at 15,744.21 points and touched a low of 15,390.22 before closing at 15,422.31 points. It went down by 274.59 points or 1.75 percent compared to its closing figure Tuesday.

The S and amp;P CNX Nifty index of the National Stock Exchange, which opened at 4,652.80 points, closed at 4,582.40. It went down by 70.60 points or 1.52 percent from its previous close.

(Staff Writer, © IANS)