Sensex down 233 points; midcap index lower by 111 points

A benchmark index of the Indian equities markets, the 30-scrip Sensitive Index (Sensex), was trading in the red in the post-afternoon session on Thursday. It was down 233.55 points or 0.81 percent.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading in the red. It was down 81.90 points or 0.94 percent at 8,668.30 points.

The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 28,876.23 points, was trading at 28,566.14 points (at 12.35 p.m.) in the post-afternoon session, down 233.55 points or 0.81 percent from the previous day's close at 28,799.69 points.

The Sensex touched a high of 28,876.23 points and a low of 28,561.87 points in the intra-day trade so far.

The S&P BSE midcap was down 110.80 points. The S&P BSE smallcap was trading lower by 129.98 points.

According to Angel Broking, the Indian markets opened marginally positive tracking the SGX Nifty and most of its Asian peers.

On Wednesday, the Indian markets ended lower after closing at five-week high in the previous session.

"The markets were weighed down by IT majors on concerns that the appreciating rupee could hurt revenues while private banks pared early gains on profit bookings in the later part of the trade," the brokerage firm said.