Sensex dips by 249 pts on profit booking
The Bombay Stock exchange benchmark Sensex fell by 249 points in early morning trade on emergence of profit selling by funds at the exiting higher levels.
MUMBAI: The Bombay Stock exchange benchmark Sensex fell by 249 points in early morning trade on Monday on emergence of profit selling by funds at the exiting higher levels.
The 30-share Sensex, which gained 341 points on Friday, attracted profiting booking and fell by 248.70 points to 20,438.19 in the first five minutes of trade.
Similarly, the wide-base National Stock Exchange index, Nifty, slipped by 70.90 points to 6,203.40 points.
Selling pressure also gathered momentum following a weak trend in the global stock markets.