Budget fails to enthuse markets, Sensex down

Mumbai: Even as Finance Minister Pranab Mukherjee was presenting his Budget for 2009-10, a key index of the Indian equities markets dived by 512 points from its last closing figure.

Around 1225 hrs IST, the benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened at 14,962.12 points, was ruling at 14,400.54 points - 512.51 points or 3.44 per cent lower than Friday's close.

Similarly, the S&P CNX Nifty of the National Stock Exchange (NSE) was ruling 4.19 percent down at 4,239 points.

Broader market indices were also in the red, with the BSE midcap index trading 1.89 per cent lower, while the BSE smallcap index was down 1.49 per cent.

(For updates you can share with your friends, follow IBNLive on Facebook, Twitter and Google+)

Comments (0)

All comments will be published after moderation

Trending Searches

#Robot#Mitt Romney#Ajmal Kasab#Tiger#Pratt & Whitney#Sourav Ganguly#Vladimir Putin#Indian Premier League#Narendra Modi#Ajmal Kasab#Narendra Modi#Saudi Arabia#Naveen Patnaik#Raebareli