The Bombay Stock Exchange benchmark Sensex on Wednesday ended 49 points lower, but far better from the day’s low, as trading sentiment was clouded by fears that Greece’s debt woes might spread to other euro zone countries.
London’s benchmark FTSE 100, Paris CAC 40, Frankfurt, Athens and Madrid slid after Spain’s economy Minister said the country’s financial markets were “complicated.”
The 30-share BSE Sensex opened 279 points lower below 17,000 level following overnight losses in the U.S. markets, but arrested the fall after buying interest from domestic funds.
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It closed 49.18 points down at 17,087.96.
Similarly, the wide-based National Stock Exchange index Nifty, which had dipped below 5,100 points level during the day, bounced back to close lower by 23.60 points to 5,124.90.