Budget fails to enthuse markets, Sensex plummets (Lead)
July 6th, 2009
Mumbai, July 6 (IANS) Even as Finance Minister Pranab Mukherjee was presenting his budget for 2009-10, a key index of the Indian equities markets dived by 512 points from its last closing figure.
Around 12.25 p.m., the benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened at 14,962.12 points, was ruling at 14,400.54 points – 512.51 points or 3.44 percent lower than Friday’s close.
Similarly, the S&P CNX Nifty of the National Stock Exchange (NSE) was ruling 4.19 percent down at 4,239 points.
Broader market indices were also in the red, with the BSE midcap index trading 1.89 percent lower, while the BSE smallcap index was down 1.49 percent.
[LM1]
Categories: Business