Sensex slumps 141 points on profit-booking to open at 23,508
The 30-share barometer declined 140.86 points, or 0.59%, to 23,508.36, with metal, capital goods, PSU and oil and gas leading the fall.business Updated: Feb 19, 2016 11:41 IST
The benchmark Sensex fell about 141 points in early trade on Friday due to profit-booking by investors after recent gains amid weak cues from Asian markets.
The 30-share barometer declined 140.86 points, or 0.59%, to 23,508.36, with metal, capital goods, PSU and oil and gas leading the fall.
The index had gained 457.25 points in the last two straight sessions on the back of a rebound in the global market following a surge in crude oil prices.
Also, the NSE Nifty was trading lower by 45.80 points, or 0.63%, at 7,145.95.
Brokers said that apart from profit-booking in recent gainers, a weak trend at other Asian bourses tracking overnight losses in the US dampened sentiment.
Hong Kong’s Hang Seng was down 0.53% and Japan’s Nikkei fell 2.23%. Shanghai Composite fell 0.58% in early trade.
The Dow Jones Industrial Average ended 0.25% lower in Thursday’s trade.