Indian equities turn volatile after positive opening

BUS4Business/Business/EconomyIndian equities turn volatile after positive openingMumbai, Sep 22 IANS Indian equities opened on a positive note Monday, but trading became volatile immediately thereafter on fears over the global economy and the crisis in the US financial system.The sensitive index Sensex of the Bombay Stock Exchange BSE opened higher at 14,215.33 points, over the previous close at 14,042.32 points, but soon dipped into negative territory at 14,015.27 points. Some 30 minutes into trading the 30-share benchmark index was ruling with a gain of 44.75 points, or 0.32 percent, over the previous close.The broader S&P CNX Nifty index of the National Stock Exchange NSE witnessed a similar trend and was ruling at 4,256.90 points, with a gain of 0.27 percent over the previous close of 4,245.25 points.--Indo-Asian News Serviceap/jg143 Words*22091049

Posted by IANS on Tuesday Sep 23  reply


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