ID :
90642
Fri, 11/20/2009 - 08:13
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https://www.oananews.org//node/90642
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Sensex down 70 pts in early trade on Asian cues
Mumbai, Nov 19 (PTI) The Bombay Stock Exchange benchmark
Sensex Thursday fell by around 70 points as funds and retail
investors indulged in booking profits amid weak Asian markets.
The Sensex, which had lost 51.87 points in Wednesday's
choppy trade, moved further down by 70.68 points to 16,928.10
in early trade.
The wide-based National Stock Exchange index Nifty also
drifted by 18.65 points to 5,036.05.
Brokers said, besides continued profit booking by funds
and retail investors, weak trends at other Asian bourses,
which were down up to 1.5 per cent in early trade Thursday,
put pressure on the sentiments here.
Major losers were ICICI Bank, State Bank of India, HDFC
Bank, DLF LTd, Larsen and Toubro, Bharti Airtel and Jaiprakash
Associates on continued profit-taking.
However, Reliance Industries, Reliance Capital, Tata
Steel and Sterlite Industries were in better shape on
selective buying by funds. PTI SUN
ANU
Sensex Thursday fell by around 70 points as funds and retail
investors indulged in booking profits amid weak Asian markets.
The Sensex, which had lost 51.87 points in Wednesday's
choppy trade, moved further down by 70.68 points to 16,928.10
in early trade.
The wide-based National Stock Exchange index Nifty also
drifted by 18.65 points to 5,036.05.
Brokers said, besides continued profit booking by funds
and retail investors, weak trends at other Asian bourses,
which were down up to 1.5 per cent in early trade Thursday,
put pressure on the sentiments here.
Major losers were ICICI Bank, State Bank of India, HDFC
Bank, DLF LTd, Larsen and Toubro, Bharti Airtel and Jaiprakash
Associates on continued profit-taking.
However, Reliance Industries, Reliance Capital, Tata
Steel and Sterlite Industries were in better shape on
selective buying by funds. PTI SUN
ANU