ID :
88153
Fri, 11/06/2009 - 08:10
Auther :

Sensex down 184 pts in opening trade on Asian cues

Mumbai, Nov 5 (PTI) The Bombay Stock Exchange benchmark
Sensex on Thursday fell by over 184 points as funds and retail
investors preferred to book profits amid weak Asian markets.

Fears of rise in inflation, the weekly data for which to
be released later on Thursday, also cast its shadow on the
trading sentiments.
The Sensex, which had gained 507.19 points in Wednesday's
trade, slipped by 184.08 points to 15,728.05 in opening trade.
The wide-based National Stock Exchange index Nifty also
drifted by 52.15 points to 4,658.65.
Brokers said fresh spell of profit-taking by funds and
general investors after Wednesday's handsome gains, and losses
in other Asian markets dampened the trading sentiments here.
Stocks of metals, banking, auto, oil and gas, realty and
FMCG sectors, which had recorded handsome in Wednesday's
trade, succumbed to profit-booking.
Among metal stocks, Sterlite Industries fell by 0.14 per
cent to Rs 769, Tata Steel by 0.23 per cent to Rs 468.25 and
Hindalco by 1.34 per cent to Rs 117.55.
Other major losers, which also dragged the Sensex down,
were Reliance Industries by 01.86 per cent to Rs 1,885,
Infosys Technologies by 1.32 per cent to Rs 2,210, State Bank
of India by 0.94 per cent to Rs 2,143 and DLF Ltd by 1.81 per
cent to Rs 358.50.
Japan's Nikkie-225 index opened down 0.41 per cent, while
Hong Kong's Hang Seng Index slipped 0.67 per cent in the early
trade on Thursday. PTI SUN

X