Business Wednesday, May 20, 2009

Markets start on a dull note

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

Indian equities were trading on a dull note Wednesday, with a key index ruling about 13 points higher than its previous close.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened about 70 points lower at 14,230.73 points. Some 15 minutes into trade it was at 14,316 points, 13.97 points or 0.1 percent higher than its last closing figure.

Similarly, the S and amp;P CNX Nifty of the National Stock Exchange (NSE) was also ruling marginally above its previous close at 4,327.15, up 8.7 points.

Broader market indices were doing better, with the BSE midcap index gaining 3.44 percent and the BSE smallcap index up 3.45 percent.

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