The benchmark S&P BSE Sensex declined by over 142 points in early trade today as funds and retail investors indulged in reducing positions ahead of the current account deficit data amid a weak trend in global markets.
The 30-share index, which had lost 166.58 points in the previous session, fell by another 142.04 points, or 0.72%, to 19,585.23. Stocks of banking, realty, metal and oil and gas sectors led the fall.
Similarly, the National Stock Exchange index Nifty fell by 38.40 points, or 0.66%, to 5,794.80.
Brokers said sustained selling by participants ahead of the June quarter current account deficit data to be released later today and a weak trend in Asian markets on concerns over a US budgetary impasse, dampened the trading sentiments here.
Among other Asian markets, Japan's Nikkei was down 2 per cent, while Hong Kong's Hang Seng shed 1.12% in early trade. The US Dow Jones Industrial Average ended 0.46% down in Friday's trade.
via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFJ2YVkQSr_Jj3DViCk7ENISJvkNg&url=http://www.dnaindia.com/money/1895897/market-report-sensex-dips-142-points-ahead-of-cad-data-global-cues
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