Sensex falls 309 points on global cues

Mumbai, June 23 (PTI) The Indian Bombay Stock Exchange
benchmark Sensex Tuesday plunged by over 309 points in opening
trade on heavy selling by funds, tracking a weak global trend.

The 30-share index, which had lost over 195 points
Monday, fell further by 309.27 points at 14,016.95.

Similarly, the National Stock Exchange's Nifty tumbled by
92 points at 4,143.25 in opening trade as heavy-weight stocks
like Reliance Industries and Infosys recorded heavy losses.

Marketmen said a steep fall in the global stock markets,
led by Hong Kong, mainly influenced the trading sentiments
here.

Hong Kong's Hang Seng opened 3.28 per cent lower Tuesday,
while Japan's Nikkei was down 2.81 per cent in morning trade.
PTI