Indian stock markets opened on a dull note today (Sep 26), and continued to slip further because of massive selling by funds, sparked by failing trends in other Asian markets.

For the week ended September 13, the wholesale price index (WPI)-based inflation remained unchanged at 12.14%. However, inflationary figures during the same period of the last year were significantly lower at 3.51%.

Indian equities, today (Sep 25), opened positively and soon slipped into the negative zone. After trading negatively for few minutes, the index bounced back into positive and again fell into the negative to trade on a flat note. 

The stock index is presently trading in a volatile manner prior to September series F&O expiry. Moreover, the question regarding the fate of the US financial sector bailout plan will carry on disturbing the market reaction.

The 30-share index, BSE Sensex, today (Sep 24), opened with a gain of 60.23 points at 13,630.54. Real estate, banking and power segments edged higher during the early trades.

In the previous day session, the Sensex closed 424.65 points down at 13,570.31, while the NSE Nifty dropped 96.15 points at 4,126.90.

The Sensex continued to trade in the negative terrain on account of profit booking witnessed in frontline stocks such as real estate, banking and IT.

However, oil & gas stocks went up.

At 11.54 a.m., the 30-share index Sensex was trading down 104.28 points at 13,890.68. It also hit an intra-day high of 13,978.26 and an intra-day low of 13,721.42. 

The domestic benchmark indices surged over 5% on Friday (Sep 19) as foreign institutional investors (FIIS) turned net buyers after a week of huge selling pressure, tracking reaction in the worldwide markets that saw a complete turnaround from the previous day.

Brokers said that the majority of buying was seen in the index stocks.

The BSE Sensex, which opened positively at 13,763.83, up 448.23 points, on encouraging global cues, remained strong all through the day.

The 30-share index, BSE Sensex ended with marginal gains on Thursday (Sep 18) after Finance Minister P Chidambaram declared that the Indian banking industry was unaffected by the US crisis. 

After losing 550 points in the beginning, bulls took charge during the second half as worldwide markets regained after central banks across the world joined hands to defend against a credit crunch and injected funds into the economy. 

Finally, the Sensex ended the day at 13,315.60, up 53 points, whereas the wider Nifty of the National Stock Exchange closed at 4038 points, up by 0.75 per cent.