Sensex closes at 11695
7 Oct 2008, 2004 Hrs

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Mumbai, Oct 7 The Bombay Stock Exchange (BSE) Sensex continued its downward trend for the second day in a row and closed at 11695.24 at the end of Tuesday's trading.

From Monday's crash of 725, it further slipped to 106.46 points.

The wide-based National Stock Exchange (NSE) index Nifty moved between 3,732.65 and 3,537.00 points before ending at 3,606.60, a marginal gain of 4.25 points.

The BSE opened this morning up by over 379 points in early trade.

Similarly, the NSE index rose by 127.05 at 3,729.40 this morning.

Trading activity was mixed as initial gains were on the back of the Reserve Bank of India (RBI) cutting Cash Reserve Ratio (CRR), which would infuse 20,000 crore rupees into the liquidity.

However, reports of melting global stock markets quickly reversed the trend. (ANI)