Mumbai, April 30 (IANS): The bears appeared to have taken a firm grip on Indian stock markets, with a key index shedding nearly 1 percent more in the early hours of trade on Thursday, over and above the loss of 0.65 percent the day before.
The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 27,242.05 points Thursday, against the previous closing at 27,242.05 points.
Around half-hour into trading, the index was ruling at 26,949.90 points, down 276.03 points, or 1.01 percent.
At the National Stock Exchange (NSE), the broader Nifty was ruling at 8,158.35 points, down 81.40 points, or 0.99 percent.