Sensex volatile, realty, metals depressed (Lead)

A key index of the Indian equities markets was trading on a volatile note early Tuesday afternoon even as realty, metals and energy stocks came under selling pressure.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened lower at 15,838.63 points, was at 15,886.93 points, 0.06 percent or 9.35 points below Friday's close at 15,896.28 points at 12.36 p.m.

The key index was fluctuating within a 200-point range.

Around the same time, the S&P CNX Nifty of the National Stock Exchange (NSE) also traced a similar path and was ruling at 4,708.65 points, down 0.06 percent from its last close.

Broader market indices were similarly on the decline, with the BSE midcap index 0.41 percent down, and the BSE small cap index was trading 1.22 percent lower.

The market breadth was negative, with 908 stocks advancing, 1,569 declining and 70 remaining unchanged.

Among the gainers this time on the Sensex were Bharti Airtel, up 4.59 percent; ICICI Bank, up 3.21 percent; Sun Pharma, up 2.56 percent and Grasim, up 1.76 percent.

Among the losers were Reliance Communications, down 5.68 percent; Hindalco, down 4.55 percent; DLF, down 4.46 percent and Reliance Infra, down 2.68 percent.

Other Asian markets were under selling pressure as well.

The primary index of the Hong Kong Stock Exchange, Hang Seng, was 292.63 points or 1.35 percent lower at 21,327.56 points.

The Kospi, benchmark index of the Korean Stock Exchange, was also in the red at 1,549.92 points, down 9.17 points or 0.59 percent.

The Nikkei, a key index of the Tokyo Stock Exchange, closed 231.79 points or 2.31 percent lower at 9,802.95 points.

However, the Shanghai Stock Exchange composite index was ruling 1.22 percent up at 3,031.33 points.

jj/ank/jg

( 298 Words)

2009-11-03-13:09:04 (IANS)

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