Mumbai, June 8 (IANS) A benchmark index for Indian equities slipped 55 points down from a intra-day high of 16,895.73 points in afternoon trade Tuesday after European markets opened on a weak note.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,760.6 points, was ruling at 16,840.19 points, 59.12 points or 0.35 percent up from its previous close at 16,781.07 points.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was ruling at 5,052.15 points, up 0.36 percent from its previous close.
Broader markets indices were in the positive, with the BSE midcap index ruling 0.76 percent higher and the BSE smallcap index 0.84 percent up.
European bourses opened in the red, but pulled back in the wake of comments from U.S. Federal Reserve Chairman Ben Bernanke that the US economy would avoid another recession comfortably.
UK’s FTSE 100 ruling flat at 5,069 points, while the German DAX was ruling 0.1 percent lower at 5,898.76 points.
The French CAC 40 was up 0.43 percent at 3,426.46 points.
In Asia, sentiments remained uncertain. The Japanese Nikkei ended flat at 9,537.94 points, up 0.18 percent, while the Kospi closed with gains, up 0.82 percent at 1,651.48 points.
Hong Kong’s Hang Seng closed dull, up 0.2 percent at 19,416.43 points, while the Shanghai composite index ended 0.11 percent higher at 2,514.46 points.
