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Sensex down 76 points in opening trade on profit-booking

The 30-share barometer, which had gained over 550 points in last three session, fell by 76.80 points or 0.38%, to 19,722.39 points in first five minutes of trading.

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Sensex down 76 points in opening trade on profit-booking
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The Bombay Stock Exchange benchmark Sensex fell by nearly 77 points in the opening trade today, on profit-booking by funds amid a weak trend in the Asian region.

The 30-share barometer, which had gained over 550 points in last three session, fell by 76.80 points or 0.38%, to 19,722.39 points in first five minutes of trading.

Similarly, the wide-based National Stock Exchange Nifty index also declined by 26.35 points or 0.44% to trade at 5,917.75 points.

The market analysts attributed the decline to profit-booking by investors after the stocks rally for the previous three trading sessions.

Besides, other Asian markets were also in red. Hong Kong's Hang Seng index was 0.60% down, while Japan's Nikkei was trading 0.04% low in the early trade today.

In the US, the Dow Jones Industrial Average ended 0.42 points higher in yesterday's trade.

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