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Sensex down, markets lacklustre

business Updated: Jun 25, 2010 15:28 IST

IANS
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The Sensex on Friday ruled 49 points lower from its previous close in lacklustre trade. Trading in broader markets was also insipid.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,705.11 points, was ruling at 17,680.89 points, 49.35 points or 0.28 per cent down from its previous close at 17,730.24 points.

At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was ruling at 5,299.4 points, down 0.43 per cent from its previous close at 5,323.15 points.

Broader markets indices too were dull, though some buying were seen in small companies. The BSE midcap index was ruling 0.11 per cent higher and the BSE smallcap index 0.38 per cent up.

The market breadth was tilted towards the positive, with 1,493 scrips on the advance, compared to 1,232 stocks declining, and 94 remaining unchanged.

Banking and IT scrips were under selling pressure, while consumer durables stocks saw some buying.

Asian markets were in a slump following a fall in the Wall Street overnight.

The Japanese Nikkei ended 1.92 per cent lower at 9,737.48 points, while the South Korean Kospi closed at 1,729.84 points, 0.58 per cent down.

Hong Kong's Hang Seng was trading 0.61 per cent down at 20,607.78 points. The Chinese Shanghai composite index too was in the red at 2,552.82 points, down 0.54 per cent.