The benchmark Sensex took a break from
its two-day post-Budget rally in late morning trade, slipping
36.35 points amid bouts of profit-booking in key front line
shares of consumer durables, auto, IT and FMCG sectors.
The benchmark Sensex took a break from
its two-day post-Budget rally in late morning trade, slipping
36.35 points amid bouts of profit-booking in key front line
shares of consumer durables, auto, IT and FMCG sectors.
However, good buying interest was seen in telecom, health
care, bank, financials and power counters.
The benchmark Sensex opened higher at 28,270.67 and moved
in a range of 28,280.58 and 28,142.23 points before quoting at
28,190.26 at 1045 hrs, showing a loss of 36.35 pts or 0.13 per
cent.
The wider NSE Nifty also traded lower by 9.65 points, or
0.11 per cent, at 8,724.60 at 1045hrs.
Among the major losers were, ICICI bank 1.75 per cent,
Infosys 1.00 per cent, Tata Motors 0.91 per cent, PowerGrid
0.54 per cent and HUL 0.46 per cent.
Notable gainers were Cipla 3.78 per cent, Adani Ports
1.73 per cent, SBIN 1.27, SunPharma 1.03 per cent and ONGC
0.82 per cent.
Meanwhile, foreign portfolio investors (FPIs) bought
shares worth a net Rs 108.59 crore yesterday, as per
provisional data released by the stock exchanges.
Domestic institutional investors (DIIs) also bought shares
worth a net Rs 1,133.74 crore yesterday.
Overseas, Asian markets were mixed as investors await
the outcome of key US monthly jobs report that will set the
tone for the Federal Reserve`s policy outlook. China`s markets
reopened after a week-long break.
US stocks closed mostly lower yesterday as concerns about
President Donald Trump`s approach to foreign affairs amid
spats with key allies and trade partners cast ncertainity over
the market. Investors also remained focused on economic data.
(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)
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