Indian markets take a dive on opening
Indian equities markets plunged at the opening bell Monday with a key index 2.36 per cent lower than its last closing figure.
The Bombay Stock Exchange (BSE) Sensitive Index (Sensex) opened at 8,762.88 points, lower than its 8,891.61 point close on Friday. About 10 minutes into trade, it was at 8,689.85 points, 2.27 per cent or 201.76 points lower than its previous close.
Similarly, the S&P CNX Nifty index of the National Stock Exchange (NSE) was at 2,694.6 points, 2.5 per cent down from its last close of 2,763.65.
The BSE midcap index was one per cent lower, while the BSE smallcap index was down 0.48 per cent.