Mumbai, Oct 15 (Inditop.com) A key index of the Indian equity markets was trading on a volatile note early Thursday afternoon and fell sharply to be 0.43 percent below its previous close.

At 12.45 p.m., the sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened higher at 17,274.07 points, was ruling at 17,157.07 points — 74.04 points or 0.43 percent lower than Wednesday’s close of 17,231.11 points.

Around the same time, the S&P CNX Nifty of the National Stock Exchange (NSE), too, was trading in the red at 5,093.9 points, down 0.47 percent.

Mid-to-small capitalised company scrips were however still holding up, with the BSE midcap index trading 0.35 percent higher and the BSE smallcap index moving up 0.7 percent.

The market breadth was positive, with 1,431 stocks advancing, 1,158 declining and 86 remaining unchanged.

Among the gainers at this time on the Sensex were NTPC, up 2.08 percent at Rs.218.65; SBI, up 1.9 percent at Rs.2,312.50; Tata Power, up 1.85 percent at Rs.1,368.05; and Tata Steel, up 1.48 percent at Rs.580.

Among the losers were Sun Pharma, down 3.52 percent at Rs.1,359; ITC, down 2.49 percent at Rs.252.10; Infosys, down 2.18 percent at Rs.2,206.60; and TCS, down 1.78 percent at Rs.582.10.

Other Asian markets were trading strong.

The primary index of the Hong Kong Stock Exchange, Hang Seng, was ruling 267.42 points or 1.22 percent higher at 22,153.9 points.

The Kospi, benchmark index of the Korean Stock Exchange, was in the green as well at 1,658.99 points, up 9.9 points or 0.6 percent.

At the Shanghai Stock Exchange, the composite index was ruling 0.31 percent up at 2,979.79 points.

The Nikkei, a key index of the Tokyo Stock Exchange, closed 178.44 points or 1.77 percent higher at 10,238.65 points.