HT Image
HT Image

Sensex opens lower but recovers quickly

The 30-share benchmark sensitive index of the Bombay Stock Exchange, the Sensex, opened with a loss of 61.56 points at 16,691.30 on Wednesday.
PTI | By HT Correspondent
UPDATED ON MAY 14, 2008 11:31 AM IST

The Indian equities markets opened at a loss Wednesday in the wake of mixed cues from Asian markets but recovered quickly.

The 30-share benchmark sensitive index of the Bombay Stock Exchange, the Sensex, opened with a loss of 61.56 points at 16,691.30.

However, minutes after opening, the markets moved upwards to 16,785.55, gaining 32.69 points or 0.20 percent from Tuesday's close.

The S&P Nifty index of the National Stock Exchange opened below the psychologically important 5,000-point mark at 4,958.45 points with a loss of 0.03 percent. Within minutes it slid further to 4,952.20.

Other Asian markets, barring those in Seoul and Singapore, were trading higher.

SHARE THIS ARTICLE ON
Close
SHARE
Story Saved
OPEN APP