AGENCIES | Mumbai, May 3, 2012 10:59
Tags :
Sensex | market | mumbai |

The BSE benchmark Sensex was down by 103 points in early trade today on continued selling by foreign funds and retail investors in the absence of any positive trigger.
The 30-share barometer, which had lost 16.90 points in yesterday's trade, fell further by 103.02 points, or 0.60 percent, to 17,198.89 in early trade today.
All sectoral indices, led by realty and auto, were trading in the negative zone with losses of up to 1.02 percent.
Similarly, the wide-based National Stock Exchange Nifty index declined by 34.95 points, or 0.67 per cent, to 5,204.20.
As per the brokers, market sentiment remained weak on fresh selling by funds and retail investors due to lack of any
encouraging factors.
In addition, overnight losses at the US markets on weak report on private jobs growth and poor economic reports from
Europe dampened sentiments, they added.
However, sugar company stocks were in demand following the government's decided to free sugar export.
Shree Renuka sugar gained 5.83 per cent to Rs 32,65, Balrampur Chinni mills was up 4.11 per cent to Rs 55.75 and
Dwarkesh Sugar Industries rose by 7.53 per cent to Rs 38.55.
Meanwhile, in the Asia region, Hong Kong's Hang Seng index was trading 0.45 per cent higher, while Japan's financial markets were closed for 'public holiday'.
The US Dow Jones Industrial Average ended 0.08 per cent lower in yesterday's trade