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Sensex sheds 223 points on global cues

Press Trust of India  |  Mumbai 

Key benchmark indices continued to trade weak in late morning trade, further down by 223 points after a gap-down opening triggered by negative Asian stocks. Sell-off were seen mainly in FMCG, Finance, Realty, Consumer Durable, & Gas, Capital Goods and IT sectors.

The Mid-Cap index and the Small-Cap index were down by 0.64 and 0.83 per cent, respectively.



The 30-share opened lower at 26,437.37 and hovered in a range of 26,445.52 and 26,299.15 before quoting 26,336.56 at 1100 hours, showing a fall of 223.36 points, or 0.84 per cent, from its last close.

'The 50-share was also trading down by 73.15 points, or 0.89 per cent, to 8,119.75 at 1100 hours.

Major losers were 2.32%, Dr Reddy 2.14%, 1.65%, 1.50%, HUL 1.45%, 1.41%, Adaniports 1.38%, 1.35%, Asianpaint 1.34%, 1.16%, M&M 1.07% and Maruti 1%.

Meanwhile, foreign portfolio investors (FPIs) sold worth a net Rs 402.62 crs yesterday, as per provisional data released by the stock exchanges.

Asian markets fell on global uncertainties as investors adopted a wait-and-watch mood. Later today the US Labor Department will release its closely watched monthly employment report for November.

A sharp decline in technology stocks pulled both the Nasdaq and the S&P 500 indexes into the red yesterday, while the Dow managed to notch a record closing high with a lift from and energy shares.

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

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Sensex sheds 223 points on global cues

Key benchmark indices continued to trade weak in late morning trade, further down by 223 points after a gap-down opening triggered by negative Asian stocks. Sell-off were seen mainly in FMCG, Finance, Realty, Consumer Durable, Oil & Gas, Capital Goods and IT sectors. The BSE Mid-Cap index and the BSE Small-Cap index were down by 0.64 and 0.83 per cent, respectively. The 30-share Sensex opened lower at 26,437.37 and hovered in a range of 26,445.52 and 26,299.15 before quoting 26,336.56 at 1100 hours, showing a fall of 223.36 points, or 0.84 per cent, from its last close. 'The NSE 50-share Nifty was also trading down by 73.15 points, or 0.89 per cent, to 8,119.75 at 1100 hours. Major losers were HDFC 2.32%, Dr Reddy 2.14%, ITC 1.65%, HDFC Bank 1.50%, HUL 1.45%, TCS 1.41%, Adaniports 1.38%, L&T 1.35%, Asianpaint 1.34%, Infosys 1.16%, M&M 1.07% and Maruti 1%. Meanwhile, foreign portfolio investors (FPIs) sold shares worth a net Rs 402.62 crs yesterday, as per provisional ... Key benchmark indices continued to trade weak in late morning trade, further down by 223 points after a gap-down opening triggered by negative Asian stocks. Sell-off were seen mainly in FMCG, Finance, Realty, Consumer Durable, & Gas, Capital Goods and IT sectors.

The Mid-Cap index and the Small-Cap index were down by 0.64 and 0.83 per cent, respectively.

The 30-share opened lower at 26,437.37 and hovered in a range of 26,445.52 and 26,299.15 before quoting 26,336.56 at 1100 hours, showing a fall of 223.36 points, or 0.84 per cent, from its last close.

'The 50-share was also trading down by 73.15 points, or 0.89 per cent, to 8,119.75 at 1100 hours.

Major losers were 2.32%, Dr Reddy 2.14%, 1.65%, 1.50%, HUL 1.45%, 1.41%, Adaniports 1.38%, 1.35%, Asianpaint 1.34%, 1.16%, M&M 1.07% and Maruti 1%.

Meanwhile, foreign portfolio investors (FPIs) sold worth a net Rs 402.62 crs yesterday, as per provisional data released by the stock exchanges.

Asian markets fell on global uncertainties as investors adopted a wait-and-watch mood. Later today the US Labor Department will release its closely watched monthly employment report for November.

A sharp decline in technology stocks pulled both the Nasdaq and the S&P 500 indexes into the red yesterday, while the Dow managed to notch a record closing high with a lift from and energy shares.

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

image
Business Standard
177 22

Sensex sheds 223 points on global cues

Key benchmark indices continued to trade weak in late morning trade, further down by 223 points after a gap-down opening triggered by negative Asian stocks. Sell-off were seen mainly in FMCG, Finance, Realty, Consumer Durable, & Gas, Capital Goods and IT sectors.

The Mid-Cap index and the Small-Cap index were down by 0.64 and 0.83 per cent, respectively.

The 30-share opened lower at 26,437.37 and hovered in a range of 26,445.52 and 26,299.15 before quoting 26,336.56 at 1100 hours, showing a fall of 223.36 points, or 0.84 per cent, from its last close.

'The 50-share was also trading down by 73.15 points, or 0.89 per cent, to 8,119.75 at 1100 hours.

Major losers were 2.32%, Dr Reddy 2.14%, 1.65%, 1.50%, HUL 1.45%, 1.41%, Adaniports 1.38%, 1.35%, Asianpaint 1.34%, 1.16%, M&M 1.07% and Maruti 1%.

Meanwhile, foreign portfolio investors (FPIs) sold worth a net Rs 402.62 crs yesterday, as per provisional data released by the stock exchanges.

Asian markets fell on global uncertainties as investors adopted a wait-and-watch mood. Later today the US Labor Department will release its closely watched monthly employment report for November.

A sharp decline in technology stocks pulled both the Nasdaq and the S&P 500 indexes into the red yesterday, while the Dow managed to notch a record closing high with a lift from and energy shares.

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

image
Business Standard
177 22

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