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Sensex slumps by 39 pts in opening trade

Published on September 30, 2010

The BSE benchmark Sensex slumped by almost 39 points in opening trade on Thursday, extending its losses for the second straight session due to sustained selling pressure amid weak global cues.

The 30-share index, which had lost 148.52 points in the previous session, fell further by 38.96 points to 19,917.38 points in the first five minutes of trading.

The wide-based National Stock Exchange index Nifty also declined by 6.05 points to 5,985.25 points.

Meanwhile, Asian markets were trading lower in the early part of the session on Thursday after overnight losses in US markets battered the investment sentiment.

Hong Kong’s Hang Seng Index was down 0.09 percent, while Japan’s Nikkei index fell by 0.41 percent in morning trade.

The US Dow Jones industrial average ended 0.21 percent down in Wednesday’s trade.

The BSE benchmark Sensex slumped by almost 39 points in opening trade on Thursday, extending its losses for the second straight session due to sustained selling pressure amid weak global cues.

The 30-share index, which had lost 148.52 points in the previous session, fell further by 38.96 points to 19,917.38 points in the first five minutes of trading. The wide-based National Stock Exchange index Nifty also declined by 6.05 points to 5,985.25 points. Meanwhile, Asian markets were trading lower in the early part of the session on Thursday after overnight losses in US markets battered the investment sentiment. Hong Kong’s Hang Seng Index was down 0.09 percent, while Japan’s Nikkei index fell by 0.41 percent in morning trade. The US Dow Jones industrial average ended 0.21 percent down in Wednesday’s trade.