New Delhi: The markets on Thursday opened on mildly subdued note on account of negative cues from the global markets, which had triggered profit booking on Wednesday.
Continuing its downward trend, the Bombay Stock Exchange shed over 52 points in early trade on sustained selling by funds in heavyweight stocks.
The 30-share index, Sensex, which had lost 90 points in previous day's trading, lost 52.86 points at 14308.40 points in first five minutes of trade.
Similarly, the wide-based National Stock Exchange fell by 13.85 points at 4222.35 points.
There was skepticism of correction in the Chinese market on account of overheated markets and slow down in economy.
The crude prices have shot up in recent past and rupees also appreciated a bit more.
Broad based selling was seen in the opening trade and the market breadth was extremely negative.
Asian markets were trading mixed with Hong Kong's Hang Seng plunged 0.22 per cent or 44.95 points at 20,798.97, Japan's Nikkei was down 0.11 per cent or 18.77 points at 17,686.35 and Singapore's Straits Times tumbled 0.67 per cent or 24 points at 3,535.01.
On the other hand, Taiwan's Taiwan Weighted was up 0.05 per cent or 3.99 points at 8,225.78 and South Korea's Seoul Composite gained 0.23 per cent or 3.71 points at 1,646.59.
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