Sensex down after opening higher
August 9th, 2009
Sensex down after opening higher – Hindu Business line
The stock markets opened higher but gave up gains in early trade on Monday,
Equities opened firm mainly due to strong markets across Asia after better-than-expected US jobs data boosted sentiment worldwide.
However, telecom firm Bharti Airtel fell nearly 4 per cent to Rs 369 on rumours that it may increase its offer price for a stake in South African peer MTN by between 5 and 10 per cent.
At 10.40 a.m, the Sensex was down by 29.88 points at 15,130, after rising to a high of 15,417 points.
The Nifty too was down 7 points at 4,474.40.
Source The Hindu Business Line
Categories: Share Market
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