Tuesday, May 3, 2011

Sensex in red, auto stocks fall in morning trade

MUMBAI: A benchmark index for Indian equities markets dived into the red in morning trade Wednesday with auto stocks continuing to lose a day after the Reserve Bank of India hiked interest rates.

The 30-scrip sensitive index ( Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,558.33 points, was ruling at 18,400.33 points, down 142.09 points or 0.77% from its previous close at 18,534.69 points.

The 50-scrip S&P CNX Nifty of the National Stock Exchange was also trading in the red at 5,524.65 points, down 0.73%.

Broader markets were ruling quiet as well with the BSE midcap index down 0.3% and the BSE small cap index down 0.16%.

TOI

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