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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.

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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.)

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