Mumbai, June 25 (Inditop.com) A key index of the Indian equities markets took a sharp dive, falling 35 points into the red, about an hour before the closing bell Thursday. It had risen more than 156 points around noon.

Around 2.30 p.m., the benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened at 14,476.15 points, was trading at 14,387.14 points – 35.59 points or 0.25 percent higher than Tuesday’s close.

Similarly, the S&P CNX Nifty of the National Stock Exchange (NSE) lost 0.66 percent to stand at 4,264.6 points.

Broader market indices were doing better, with the BSE midcap index gaining 0.5 percent from its previous close, while the BSE smallcap index moved up 0.5 percent.