Sensex down 46 pts on profit-booking, weak Asian cues
The Bombay Stock Exchange benchmark Sensex fell by over 46 points in the opening trade today, on profit-booking amid weak trend on the other Asian markets.business Updated: Dec 07, 2010 10:45 IST
The Bombay Stock Exchange benchmark Sensex fell by over 46 points in the opening on Tuesday today, on profit-booking amid weak trend on the other Asian markets.
The 30-share barometer, which had gained 14.38 points in Monday's session, moved down by 46.68 points or 0.23% to 19,934.63 points, with a decline in banking, realty and auto sector stocks.
Similarly, the wide-based National Stock Exchange index Nifty declined by 13.40 points or 0.22% to 5,978.85 points.
Brokers said profit-booking in select heavy-weight stocks coupled with weak Asian bourses following overnight losses at the US markets, weighed on the trading sentiment in Mumbai.
Besides, banking stocks were also subdued following rise in deposit rates, which put pressure on their interest margins.
In other markets in Asia, Hong Kong's Hang Seng index was trading lower by 0.31%, while Japan's Nikkei shed 0.14% in early trade on Tuesday.
In the US, Dow Jones Industrial Average ended 0.17% low at Monday's close.