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Sensex edges lower by 88 pts on global weakness

Press Trust of India  |  Mumbai 

Geo-political issues continued to dominate the scene as the slipped over 88 points in early part today, mirroring global losses.

The weakness remained for the third session as the 30-share index fell 88.32 points, or 0.30 per cent, to 29,373.13. Much of the softness came from metal, IT, FMCG, technology and auto.

The gauge had lost 326.90 points in the previous two sessions.

Also, the dropped 21.25 points, or 0.23 per cent, to 9,129.55.

Asian showed a weak trend after geo-political muscle-flexing over Syria, and the Korean Peninsula, which weighed on sentiment.

The market was shut on Friday for Ambedkar Jayanti and Good Friday.

While Hong Kong's was down 0.21 per cent, Japan's shed 0.31 per cent. The Composite index fell 1.02 per cent in early trade today.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 17 2017. 10:02 IST