Mumbai: A key index of the Indian stock exchange opened marginally higher Wednesday but then slipped lower than its closing figure Tuesday.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 10,073.10 points, higher than its previous close at 9,976.98 points.
But within the first 30 points, the Sensex had fallen to 9,854.43, which was 122.55 points or 1.23 per cent below its previous close.
The broader-based 50-share S&P CNX Nifty index of the National Stock Exchange (NSE) also fell to 3,007.50 points at the same time, 1.13 per cent below its closing figure of 3,041.75 points Tuesday.
Satyam Computer Services plunged on investor anger over a planned deal.
Satyam opened down 16.1 per cent and extended losses to 29.5 per cent as investors reacted negatively to a plan to pay $1.6 billion for control of a related construction and a real estate firm.
Satyam abandoned the deal after its shares fell 55 per cent in New York.
At 9:57 am, the 30-share BSE index was up 0.23 per cent at 10,000.21 points. The 50-issue NSE index was up 0.37 per cent at 3,053.15 points.
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