Markets end in red as US contagion spreads

IANS

Tue, 01 Jan 2008: 

Mumbai, Sep 29(IANS) Indian equities market ended deep in the red on all round nervousness following the US financial contagion spreading to Britain and mainland Europe and the US Congress announcing a much diluted version of the $700 billion bailout plan, analysts said.

 

The 30-share benchmark sensitive dex (Sensex) of the Bombay Stock Exchange (BSE) breached the 13,000 mark and closed at 12,595.

75, down 506.43 points or 3.87 percent from its previous close Friday at 13,102.18.

 

 

The broader based 50-share S&P Nifty index of the National Stock Exchange (NSE) finished at 3,850.05, down 135.2 points or 3.39 percent from its previous close last Friday at 3,985.25.

 

 

The BSE mid-cap index ended at 4,729.33, losing 211.49 points or 4.28 percent against its previous close at 4,940.82.

 

 

The BSE small cap index finished at 5,553.03, down 308.75 points or 5.27 percent from its previous close at 5,861.78.