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Article: Market downtrend continues in morning session

Article from:
The Hindustan Times
Article date:
January 17, 2008
Copyright

Report from Indo-Asian News Service brought to you by HT Syndication.

Mumbai, Jan. 17 -- Although the Thursday morning session on Indian bourses started on a cautious note, benchmarks continued to slide amid fear of more tolls on sub-prime account in US markets after Citi Group and Merrill Lynch reported they were being affected.

The 30 shares index of the Bombay Stock Exchange (BSE) opened flat at 19,972.75 and kept going down. After touching a low of 19,700.03 (-0.84 %), the main benchmark of BSE was trading at 19,723.99 down 144.12 points (-0.73 percent) around 11 a.m.

Reliance Industries (Rs.420 million), Reliance Energy (Rs.360 million), Reliance Petroleum (Rs.320 million), Reliance ...

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