After opening with a loss of 33.11 points at 10,304.57, the 30-share index BSE Sensex continued to trade in a subdued manner.

IT stocks continue to languish in the red with sharp losses, and lost 6.12%, while realty, PSU, banking and FMCG stocks saw buying interest.

The BSE Midcap and Smallcap index gained 0.62% and 0.88% respectively.

At 12:59 p.m., the 30-share index lost 52.47 points at 10,285.21, after hitting a high of 10,387.19 and a low of 10,116.22.

The announcement of the closure of

The Alaska Personnel Board report on Monday cleared the Alaska Governor and Republican vice presidential candidate, Sarah Palin, of wrongdoing in an abuse-of-power investigation into the firing of the state’s public safety commissioner, Walt Monegan.

This report ran contrary to findings from a legislative inquiry that concluded in October that Palin had abused the power of her office by pressuring subordinates to fire a state trooper, her former brother-in-law Michael Wooten, involved in a feud with her family.

Indian equities moved up in the positive terrain for a short while and soon slipped into the negative to trade on a flat note.

Some buying and selling is witnessed in bluechip stocks. Banking, PSU, power and banking stocks saw buying interest, whereas IT and auto stocks went down.

BSE Midcap and Smallcap index gained more than 1% each.

Today, Indian stock market opened with a loss of 33.11 points, at 10,304.57 as compared to the previous day session in which it gained 549.62 points.

Sunday was the lucky day for West Bengal Chief Minister Buddhadeb Bhattacharjee and Union Steel Minister Ram Vilas Pawan. They narrowly escaped a powerful explosion on their way to Kalaichandi in Paschim Medinipur district. Police raised fingers on Maoists for the explosion.

Both leaders were returning from Salboni to Kolkata. They were in the town to attend foundation laying function of a mega steel plant established by Jindal Steel.