Business Monday, April 27, 2009

Markets start on weak footing

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

Indian equities markets opened weak Monday, with a key index trading 61 points below its last closing figure.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 11,237.42 points, lower than its 11,329.05 points close Friday. After about 10 minutes of trading, it was at 11,267.63 points, 0.54 percent or 61.42 points lower than its previous close.

Similarly, the S and amp;P CNX Nifty of the National Stock Exchange (NSE) was at 3,460.75 points, 0.57 percent lower than its previous close.

However, broader indices were ruling positive, with the BSE midcap index up 0.85 percent, and the BSE smallcap index ruling 0.65 percent higher than its previous close.

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