An IIPM Initiative
Friday, October 16, 2026
 
 

Sensex down 31 points in opening trade

 

AGENCIES | Mumbai, December 4, 2012 09:55
Tags : Sensex | Bombay Stock Exchange | BSE | stock market |
 

Sensex down 31 points in opening tradeThe BSE benchmark Sensex fell by over 31 points in the opening trade Tuesday as investors preferred to adopt a cautious approach ahead of the vote on FDI in Parliament and trimmed their positions.
  
The 30-share index, which had lost 34.58 points in the previous session, fell by 31.29 points, or 0.16 per cent, to 19,274.03 in first five minutes of trading.
  
Similarly, the wide-based National Stock Exchange Nifty Index shed 8.70 points, or 0.14 per cent, to 5,862.25.
  
Brokers said besides profit-booking by investors after recent hefty gains, a cautious approach ahead of voting in
Parliament on Foreign Direct Investment (FDI) in retail dampened the sentiments.
  
Further, a weakening trend on the other Asian markets in line with overnight losses on the US markets after poor data
in the manufacturing sector in November triggered selling, they said.
  
Meanwhile, in the Asian region, Japan's Nikkei was down by 0.33 per cent, while Hong Kong's Hang Seng index shed 0.14 per cent. The US Dow Jones Industrial Average ended 0.46 per cent lower in Monday trade.

Rate this article:
Bad Good    
Current Rating 0
 
 
Post CommentsPost Comments




Issue Dated: Feb 5, 2017