UPDATE AT 1 1AM ON OCTOBER 1, 2008
Key benchmark indices slipped in the red after firm start
as indexheavyweight Reliance Industries and banking pivotals
dropped. TheBSE 30-share Sensex was down 36.12 points. IT
pivotals gained asthe rupee dropped to a fresh five-year low
against the dollar.Larsen & Toubro turned 1:1 ex-bonus from
today. The market breadthwas positive on BSE. Asian markets
were trading mixed today, 1 October 2008. Japan'sNikkei and
Taiwan's Taiwan Weighted Average rose between 0.82% to1.07%.
However, South Korea's Seoul Composite was down 0.35%.Stocks
markets in China, Hong Kong and Singapore were closed today,1
October 2008 for various holidays. At 10:21 IST, the BSE 30-share
Sensex was down 36.12 points or0.23% to 12,831.31. The index shed
70.58 points at the day's low of12,789.85, hit in early trade.
Renewed hopes of the US Senateapproving a $700 billion bank bailout
package to rescue the economytriggered a firm start. The Sensex rose
148.04 points at day's highof 13,008.47, in early trade. The S&P CNX
Nifty was down 30.45 points or 0.78% to 3,890.75. The BSE Mid-Cap
index was up 0.02% at 4,799.20 and the BSESmall-Cap index was up
0.43% at 5,601.55.