Sensex slips over 332 pts in opening trade

STOCKS-OPEN

Mumbai, May 21 (PTI) The Bombay Stock Exchange benchmark
Sensex Friday slumped over 332 points in opening trade on
brisk selling by funds amid concerns over the eurozone debt
crisis.
The 30-share index, which had gained 111.19 points in
the previous sessions, plunged by 332.65 points to 16,187.03
in the first five minutes of trading.
All the sectoral indices, led by realty and metal, were
trading in the negative zone with losses up to 3.20 per cent.
Likewise, the wide-based National Stock Exchange index
Nifty fell by 105.30 points to 4842.30 points.
Marketmen said investors sold shares heavily after a
steep fall in the US and Asian stocks markets on concerns that
the European fiscal crisis might deepen further.
Meanwhile, the US Dow Jones Industrial Average fell by
3.60 per cent lower in yesterday's trade, while Japan
Nikkei was down by 2.51 per cent in the morning trade today.
PTI RS
DDC


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