Sensex trips 97 points, Nifty below 9,100 on global weakness
The benchmark Sensex fell almost 97 points and the NSE Nifty cracked below the 9,100-mark in early trade today as investors took profit in recent gainers amid weak Asian cues.
The benchmark Sensex fell almost 97
points and the NSE Nifty cracked below the 9,100-mark in early
trade today as investors took profit in recent gainers amid
weak Asian cues.
The 30-share barometer declined 96.80 points, or 0.32
per cent, to 29,324.60 with sectoral indices led by metal,
teck, IT, healthcare, oil&gas, FMCG and auto trading in
negative zone with losses up to 0.86 per cent.
The index had risen about 254 points in the previous two
sessions.
Also, the NSE Nifty slipped below the crucial 9,100-level
by falling 33.15 points, or 0.36 per cent, at 9,074.85.
Brokers said that apart from profit-booking in recent
gainers, a weak trend in Asia following Donald Trump's failure
to push through his healthcare legislation kept shares
depressed here.
Major losers that dragged down the key indices included
Coal India, Reliance Industries, Tata Steel, Hero MotoCorp,
Asian Paint, Tata Motors, Wipro, Lupin, Sun Pharma and
Bharti Airtel, falling by up to 2.37 per cent.
In the Asian region, Hong Kong's Hang Seng shed 0.16 per
cent, while Japan's Nikkei was down 1.51 per cent in early
sessions. Shanghai's Composite Index, however, was up 0.16 per
cent.
The Dow Jones Industrial Average ended 0.29 per cent
lower in Friday's trade.
(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)