Indian equities open weak after five days of rise
Thursday, August 27, 2009 (10:14:12) Tags: business, exchange,Indian equities, Sensex, BSE, NSE
Mumbai: Indian equities opened on a weak note today on weak global cues, especially in other Asian markets, as investors resorted to booking profits after five successive trading days of rise.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened lower at 15,711.80 points, as opposed to Wednesday's close at 15,769.85 points, and was ruling at 15,718.12 points, some 10 minutes into trading.
At this level, the barometer index was down 51.73 points, or 0.33 percent. The Sensex had ended on Wednesday with a gain of 81.38 points, or 0.52 percent.
Tata Consultancy Services, Wipro and Sun Pharma were among the top gainers during the early session, while Tata Steel, Tata Motors and Jaiprakash Associates led the losers among the 30 Sensex shares.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was ruling 0.14 percent lower at 4,674.45 points, against the previous day's close at 4,680.85 points, data available with the bourse showed.(IANS)