Sensex down 44 pts on profit-booking
Related
Top Stories
- Former Ranji player held, Sreesanth and others to be produced in court today
- Li Keqiang pitches for more Chinese investments as he backs trade balance
- All eyes on Narendra Modi as BJP set to discuss strategy for Lok Sabha polls
- SC agrees to hear PIL to stay IPL matches due to spot-fixing
- Monstrous tornado rips through US city of Oklahoma, 90 dead
The BSE benchmark Sensex fell by almost 44 points in early trade today as funds and retail investors preferred to book profits after yesterday's gains.
The 30-share barometer, which gained 74.53 points in the last session, moved down by 43.58 points, or 0.24 per cent, to 18,461.80 with stocks of FMCG, oil and gas, and metal sectors leading the fall.
Similarly, the wide-based National Stock Exchange index Nifty shed 10.70 points, or 0.19 per cent, to 5,609.
Brokers said besides profit-booking by speculators, a mixed trend at the Asian markets following overnight losses at European and the US markets, influenced the sentiments.
In Asia, Japan's Nikkei Index gained 0.08 per cent, while Hong Kong's Hang Seng index shed 0.31 per cent in early trade today.
In the US market, which resumed after a two-day shutdown forced by superstorm Sandy, Dow Jones Industrial Average ended 0.08 per cent lower in yesterday's trade.
GLOBAL MARKETS ROUND UP
Nifty futures on the Singapore Exchange fell 0.02 percent. The MSCI-Asia Pacific index excluding Japan is down 0.16 percent.
The U.S. stock market slowly returned to life on Wednesday after two days in the dark, with the Dow and the S&P 500 ending little changed while the Nasdaq Composite edged lower in a session with slightly less than average volume.
Asian shares fell on Thursday as China's official and private sector manufacturing PMIs confirmed a recovering growth trend, but failed to convince investors the slowdown was bottoming out.
FACTORS TO WATCH
India's top automakers' Oct. sales
Earnings: Aban Offshore, BGR Energy Systems , GlaxoSmithKline Consumer Healthcare, Godrej Properties
TOP NEWS
India's fiscal deficit during the April-September period rose to 3.37 trillion rupees ($62.6 billion), or 65.6 percent of the full fiscal year 2012/13 target, government data showed on Wednesday.
... contd.
BlackBerry Messenger-WhatsApp manipulation: Sebi eyes crackdown
Q4 results, IIP data to drive markets this week: Experts
Market review: BSE Sensex ends higher for 3rd consecutive week, up 289 pts
BSE Sensex declines 160 points on RBI's 'hawkish' policy stanceEditors’ Pick
- 'Sophisticated' Indian cyberattacks targeted Pak military sites: Report
- Talkative Li quoted Weber, Hegel, Jobs, said PM is large-hearted
- Bihar food corp ends up with chaff as rice worth Rs 535 cr vanishes from mills
- In 7 lucrative minutes on May 9, Sreesanth bowled 6 balls, bookie made Rs 2.5 cr
- India and China ask border envoys to work on more steps
- Former Ranji player among 3 more held
- Rajasthan Royals to file FIR against tainted trio
- Family of theft accused allege police torture
- IVF breakthrough can triple number of births: Scientists
- After Khalid’s death, Muslim leaders want govt to make Nimesh panel report public
- Meteoroid impact triggers bright flash on the moon
- Cobrapost sting: NABARD chief gives clean chit to co-operative banks
