Wednesday, December 8, 2010

Sensex down on selling pressure

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A key Indian equities index was down nearly 200 points Wednesday on all-round selling.
BSE Sensex seen up; ICICI Bank watchedThe 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened lower at 19,874.30 points, against the previous day’s close at 19,934.64 points. Three hours into trading, the index was ruling at 19,759.89 points with a loss of 174.75 points, or 0.88 percent.
The losses were so widespread that none of the 13 industry-specific indices of the bourse were ruling in the green, with that of metal stocks down the maximum at 1.57 percent.
The small-cap and the mid-cap indices were also down 1.08 percent and 0.72 percent, respectively.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was ruling at 5918.55 points, down 58 points, or 0.97 percent.
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