Sensex down 211 points in early trade

Mumbai, July 3: The BSE benchmark Sensex on Wednesday fell over 211 points in early trade extending losses for the second straight session, due to sustained selling by funds amid a weak trend in other Asian markets.

The 30-share barometer fell by 211.64 points, or 1.09 per cent, to 19,252.18 with all the sectoral indices led by realty and metal, trading in negative zone with losses up to 2.31 per cent.

The index had lost 113.57 points on Tuesday.

The wide-based National Stock Exchange index, Nifty slipped below the 5,800 level by falling 60.60 points, or 1.03 per cent to, 5,796.95.

Brokers said sustained selling by funds amid a weakening rupee and subdued trend in the Asian region, mainly dampened the trading sentiment here.

In the Asian region, Hong Kong's Hang Seng index traded lower by 2.05 per cent, while Japan's Nikkei Index fell 0.06 per cent, in early trade.

The US Dow Jones Industrial Average ended 0.28 per cent lower in Tuesday’s trade.

Posted by Unknown on 10:10. Filed under . You can follow any responses to this entry through the RSS 2.0

0 comments for Sensex down 211 points in early trade

Leave comment


Courtesy:ISTV Imphal


2010 BlogNews Magazine. All Rights Reserved. - Designed by SimplexDesign