Markets drop steadily, Sensex down 262 points (Lead)

Mumbai, April 28 (Inditop) Indian equities markets stayed in the red about an hour before the closing bell Tuesday, with a key index ruling 262.09 points lower than its previous close.

The sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 11,371.34 points, dropped 262.09 points or 2.3 percent to rule at 11,109.76 points.

Similarly, the S&P CNX Nifty of the National Stock Exchange (NSE) lost 2.3 percent from the previous close to trade at 3,390.25 points.

The BSE midcap index shed 2.78 percent, while the BSE smallcap index was down 2.55 percent.