Opening with a negative gap of 146 points at 9,902 on Monday, the Sensex nosedived more than 450 points, as traders cast off frontier banking, metals and realty space. A week back, the Sensex had leaped over 12 percent; and due to a rise in stock market rally - kicking off from the US affecting markets the world over - the Sensex rose more than 23 per cent in the past twelve trading sessions.
New Delhi - Indian stock markets slipped into the red in morning trade on Monday with the benchmark Sensex index trading about 3.5 per cent lower than its previous close.
The 30-share sensitive Sensex index of the Bombay Stock Exchange was trading at 9,698 points at 12:20 pm (0650 GMT) 350.49 points lower than its 10,048.49 point close on Friday.
The Sensex had gained 1,081.81 points or 12.06 per cent during a five-day long bull run last week.
New Delhi, Mar. 30 : The Bombay Stock Exchange benchmark Sensex has plunged below 10,000 points by losing 250.43 points in opening trade due to profit-selling by funds amid weak trends on the global markets.
The 30-share Sensex, which had gained nearly 1,070 points, or 12.06 per cent in last week, slipped by 251.43 points, or 2.45 per cent in opening trade as funds and retail investors preferred to book profits at prevailing attractive levels.
All the sectoral indices were trading in negative zone with losses up to 3.48 percent.
Opening with a negative gap of 146 points at 9,902 on Monday, the Sensex nosedived more than 450 points, as traders cast off frontier banking, metals and realty space. A week back, the Sensex had leaped over 12 percent; and due to a rise in stock market rally - kicking off from the US affecting markets the world over - the Sensex rose more than 23 per cent in the past twelve trading sessions.
Continued selling pressure seen across frontline stocks dragged the Sensex deep into the negative terrain.
Seoul - Shares ended sharply down Monday on
New Delhi - Indian stock markets slipped into the red in morning trade on Monday with the benchmark Sensex index trading about 3.5 per cent lower than its previous close.
New Delhi, Mar. 30 : The Bombay Stock Exchange benchmark Sensex has plunged below 10,000 points by losing 250.43 points in opening trade due to profit-selling by funds amid weak trends on the global markets.
Tokyo - The Japanese market started the week lower Monday as investors sold shares to lock in profits from the previous week's gains.
