Business Friday, May 08, 2009

Markets off to a quiet start

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

Trading at Indian equities markets was sluggish Friday with a key index ruling just below its last closing figure after opening higher in the morning.

The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened the day at 12,092.97 points higher than its previous close. About 15 minutes into trade, it was ruling at 12,100.79 points, 16.15 points or 0.13 percent lower than its previous close.

At the National Stock Exchange (NSE), the broader S and amp;P CNX Nifty index was still in the positive terrain, rising 0.06 percent to rule at 3,686.2 points.

Broader market indices, however, rose with the BSE midcap index ruling 0.44 percent up and BSE smallcap index trading 0.59 percent higher than its previous close.

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