Sensex down 38 pts in opening trade on profit-booking
Mumbai : The benchmark BSE Sensex fell by over 38 points in opening trade due to profit-booking by investors after recent gains amid a weak trend in other Asian markets.
The 30-share barometer edged lower by 38.30 points or 0.14 per cent to 25,803.62 with banking, auto and capital goods leading the fall.
The index had risen by 359.40 points in the last session. The NSE Nifty was trading lower by 14.70 points or 0.18 per cent at 7,828.05.
Brokers said that apart from profit-booking in recent gainers, weak trend in other Asian markets following overnight fall at Wall Street, mainly influenced the sentiment.
In the Asian region, Hong Kong’s Hang Seng was quoting lower by 0.28 per cent, Japan’s Nikkei shed 0.52 per cent, while Shanghai Composite traded lower by 0.13 per cent in early deals.
The Dow Jones Industrial Average ended marginally down 0.02 per cent in yesterday’s trade.