BSE down 145 points on profit booking, weak global cues

The benchmark BSE Sensex was trading down 145 points on Friday, as global markets weighed on sentiment. Profit booking by investors after the index closed beyond 29,000 on Thursday, also led to the fall.

Wall Street snapped its gains and tumbled as Apple's new iPhone announcement failed to impress investors. A European Central Bank meet with no certain hints about the course of action in the future, also led to a fall in the global markets before the weekend. 

BSE Sensex was trading at 28,899.54, down 145.74 or 0.50% in early trade. 

The shares of YES Bank were trading down 3.22%, at Rs 1,287.75 from the previous day's close. The shares of YES Bank tanked after it opened its $1-billion QIP offer, which had to be withdrawn later. 

The bank said it deferred the QIP offer after extreme volatility in the trading session on Thursday because of misinterpretation of new QIP guidelines. YES Bank said it was advised by its appointed merchant bankers to defer its proposed QIP. 

Amongst the other top losers on the BSE were, SAIL down 4.19%, Jindal Steel down 3.81%.

The top gainers were IDBI up 5.42%, Adani Power up 2.89%, Persistent Systems up 3.06%.