Mumbai, Nov 30 (IANS) A benchmark index of Indian equities markets Tuesday fell from its intra-day highs about an hour before closing bell. It had moved up from the negative in mid-day.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,373.23 points, was ruling at 19,508.67 points, up 103.57 points or 0.53 percent from its previous close at 19,405.1 points.
It had touched an intra-day high of 19,610.46 points.
At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty was trading at 5,779.05 points – down 0.87 percent.
Broader markets were also weak, with the BSE midcap index ruling 1.1 percent up and the BSE smallcap index trading 1.38 percent higher.
Realty stocks bounced back strong after the battering they received in last week’s trade over the bribery scandal involving top financial instiutions and real estate developers.
Among other major gaining scrips were from power and auto sectors, while the energy index on the BSE was in losses, pulled down by a drop in Reliance Industries, which fell over 1 percent.
The market breadth was negative, with only 804 stocks advancing, compared to 1,153 scrips on the decline, while 57 stocks were unchanged.
Other Asian markets were trading in the red, as traders worried over the consequences of another hike in interest rates by China’s central bank and worries over sovereign debt crisis in some European countries.
Hong Kong’s Hang Seng was trading 0.68 percent lower at 23,007.99 points, while the Shanghai Composite index was ruling 1.61 percent down at 2,820.18 points.
The Japanese Nikkei closed 1.87 percent lower at 9,937.04 points.
