Markets fail to hold on to meagre gains

Mumbai, Jan 13 (IANS) The Indian equities markets could not hold on to the marginal gains of the day, about an hour before close Tuesday, with a key index trading about 0.61 percent below its previous close.

The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was down 0.61 percent or 55.25 points over its previous close and was trading at 9,054.

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8 points, about an hour before close.

The Sensex had opened lower at 9,042.36 Tuesday than its previous close of 9,110.05.

The broader S&P CNX Nifty index of the National Stock Exchange (NSE), also slipped into the red and was trading at 2,732.65, lower by 1.46 percent.

Other market indices like the BSE midcap index lost 1.39 percent while the smallcap index shed 1.22 percent.