Mumbai, June 8 (IANS) A benchmark index for Indian equities took a hard knock in afternoon trade, sliding 208 points as bearish sentiment prevailed after European markets fell on continuing euro zone woes.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,760.6 points, was ruling at 16,572.68 points, 208.39 points or 1.24 percent down from its previous close at 16,781.07 points.
It had earlier risen to 16,895.73 points.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was ruling at 4,972.1 points, down 1.23 percent from its previous close.
Broader markets indices were also in the negative, with the BSE midcap index ruling 0.76 percent lower and the BSE smallcap index 0.67 percent down.
European bourses extended their losses as investors resorted to selling due to uncertain economic conditions prevailing in the region over the debt woes.
UK’s FTSE 100 fell 1.17 percent at 5,009.71 points, while the German DAX was ruling 1.7 percent lower at 5,804.43 points.
The French CAC 40 was down 1.07 percent at 3,377.13 points.
