Mumbai, Oct 6 (Inditop.com) A key index of Indian equities markets was ruling 1.3 percent below its previous closing figure Tuesday afternoon even as trading continued to be volatile.
Around 12.43 p.m., the sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened higher at 16,879.38 points, was ruling at 16,647.6 points – 218.81 points or 1.3 percent lower than Monday’s close of 16,866.41 points.
Around the same time, the S&P CNX Nifty of the National Stock Exchange (NSE), too was trading in the red at 4,931.4 points, down 1.44 percent.
Mid-to-small capitalised company scrips came under greater selling pressure, with their representative indices like the BSE midcap index trading 1.82 percent lower and the BSE smallcap index moving down 2.29 percent.
The market breadth was negative, with 507 stocks advancing, 2,052 declining and 55 remaining unchanged.
Among the gainers at this time on the Sensex were: Hindustan Unilever, up 2.81 percent at Rs.274.35; Hindalco, up 2.33 percent at Rs.120.90; ITC, up 2.24 percent at Rs.243.85; and Sterlite, up 1.41 percent at Rs.760.95.
Among losers were Reliance Communications, down 11.66 percent at Rs.265.20; Bharti Airtel, down 11.48 percent at Rs.354.35; DLF, down 4.21 percent at Rs.404.95; and Tata Motors, down 3.93 percent at Rs.539.
Trading at other Asian markets was subdued.
The Nikkei, a key index of the Tokyo Stock Exchange, closed 17.31 points or 0.18 percent higher at 9,691.8 points.
The primary index of the Hong Kong Stock Exchange, Hang Seng, was up 165.29 points or 0.81 percent at 20,594.36 points.
At the Shanghai Stock Exchange, the benchmark SSE Composite was ruling 0.9 percent up at 2,779.43 points.
However, the Kospi, benchmark index of the Korean Stock Exchange, was in the red, moving down 8.46 points or 0.53 percent to rule at 1,598.44 points.