Sensex down 48 points in early trade on profit-booking - Indian Express

PTI : Mumbai, Tue Jul 02 2013, 11:09 hrs BSE Sensex today fell by over 48 points in early trade as funds and retail investors booked profits after recent gains, amid a mixed trend on other Asian bourses. The 30-share barometer declined by 48.08 points, or 0.24 per cent, to 19,529.31. The index had gained 1,025.27 points in the previous three sessions. Stocks of metals, FMCG, auto, consumer durables, capital goods and banking sectors were the major losers due to profit- booking. Similarly, the wide-based National Stock Exchange index, Nifty, fell by 18.90 points, or 0.32 per cent, to 5,879.95. Brokers said selling, mostly for profit-booking, by funds and retail investors after three sessions of strong gains amid a mixed trend on other Asian bourses, mainly influenced the trading sentiment. In the Asian region, Japan's Nikkei Index rose 0.83 per cent, while Hong Kong's Hang Seng index shed 0.68 per cent in early trade today. The US Dow Jones Industrial Average ended 0.44 per cent higher yesterday. ALSO READ Car sales drop in India as Maruti Suzuki, Tata Motors feel the pain in June Gold price drops to 3 year low, lures sentiment buyers Mahindra Two Wheelers launches made-in-India motorcycle 'Centuro' Mahindra Satyam shares to stop trading from July 4 Please read our terms of use before posting comments TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s). via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFB5saZ0ugry9hOrkvMhYD2MN0y5A&url=http://www.indianexpress.com/news/sensex-down-48-points-in-early-trade-on-profitbooking/1136595/

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