Monday, November 29, 1999

BSE Sensex falls 1.7pct; Reliance Comm down 2.4 pct

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MUMBAI (Reuters) The BSE Sensex fell 1.7 percent early on Monday, with Reliance Industries and Infosys Technologies leading the decline, as world stocks dropped on worries over euro zone debt concerns.At 9:01 a.m. (0331 GMT), the 30-share BSE index was down 1.69 percent at 16,707.10 points, all of its components declining.Reliance Communications, India's No. 2 mobile phone operator, was down 2.4 percent at 141.10 rupees even after reporting a smaller-than-expected 16 percent fall in quarterly profit over the weekend.The 50-share NSE Index was down 1.7 percent at 5,008.20.(Reporting by Ami Shah)(For more business news on Reuters Money visit http://www.reutersmoney.in)
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