You are here: Home » PTI Stories » National » News
Business Standard

Sensex slides 133 points in early trade; banks lead fall

Press Trust of India  |  Mumbai 

The benchmark fell over 133 points and the slipped below the 8,100-mark in early trade today as stocks led fall on fresh selling amid mixed Asian cues.

Other sectoral indices like consumer durables, PSU, FMCG and capital goods were trading in the negative zone, falling up to 1.56 per cent.



The 30-share was trading lower by 133.12 points or 0.50 per cent at 26,183.22 in early trade.

The index had soared 456.17 points in the previous session after investors crated fresh long positions in the new December series amid the rupee rebounding from record lows.

The was trading down by 23.70 points or 0.29 per cent at 8,090.60.

Brokers said sentiments were dampened with trimming of positions by participants, particularly in stocks after the Reserve Bank on Saturday introduced an incremental CRR of 100 per cent for the fortnight to absorb the surge in liquidity in system following of high value notes.

of state-owned SBI was trading lower by 2.68 per cent at Rs 253.95, fell Rs 1.75 at Rs 255.30, down 1.56 per cent at Rs 464 and shed 0.28 per cent at Rs 1,185.80, dragged down the key indices.

In Asia, Japan's Nikkei fell 0.80 per cent, while Shanghai Composite Index was quoting 0.32 per cent higher in early trade today. Hong Kong's Hang Seng index too was up 0.77 per cent.

The Dow Jones Industrial Average ended 0.36 per cent higher in Friday's trade.

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

RECOMMENDED FOR YOU

Sensex slides 133 points in early trade; banks lead fall

The BSE benchmark Sensex fell over 133 points and the Nifty slipped below the 8,100-mark in early trade today as banking stocks led fall on fresh selling amid mixed Asian cues. Other sectoral indices like consumer durables, PSU, FMCG and capital goods were trading in the negative zone, falling up to 1.56 per cent. The 30-share Sensex was trading lower by 133.12 points or 0.50 per cent at 26,183.22 in early trade. The index had soared 456.17 points in the previous session after investors crated fresh long positions in the new December series amid the rupee rebounding from record lows. The NSE Nifty was trading down by 23.70 points or 0.29 per cent at 8,090.60. Brokers said sentiments were dampened with trimming of positions by participants, particularly in banking stocks after the Reserve Bank on Saturday introduced an incremental CRR of 100 per cent for the fortnight to absorb the surge in liquidity in banking system following demonetisation of high value notes. Shares of ... The benchmark fell over 133 points and the slipped below the 8,100-mark in early trade today as stocks led fall on fresh selling amid mixed Asian cues.

Other sectoral indices like consumer durables, PSU, FMCG and capital goods were trading in the negative zone, falling up to 1.56 per cent.

The 30-share was trading lower by 133.12 points or 0.50 per cent at 26,183.22 in early trade.

The index had soared 456.17 points in the previous session after investors crated fresh long positions in the new December series amid the rupee rebounding from record lows.

The was trading down by 23.70 points or 0.29 per cent at 8,090.60.

Brokers said sentiments were dampened with trimming of positions by participants, particularly in stocks after the Reserve Bank on Saturday introduced an incremental CRR of 100 per cent for the fortnight to absorb the surge in liquidity in system following of high value notes.

of state-owned SBI was trading lower by 2.68 per cent at Rs 253.95, fell Rs 1.75 at Rs 255.30, down 1.56 per cent at Rs 464 and shed 0.28 per cent at Rs 1,185.80, dragged down the key indices.

In Asia, Japan's Nikkei fell 0.80 per cent, while Shanghai Composite Index was quoting 0.32 per cent higher in early trade today. Hong Kong's Hang Seng index too was up 0.77 per cent.

The Dow Jones Industrial Average ended 0.36 per cent higher in Friday's trade.

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

image
Business Standard
177 22

Sensex slides 133 points in early trade; banks lead fall

The benchmark fell over 133 points and the slipped below the 8,100-mark in early trade today as stocks led fall on fresh selling amid mixed Asian cues.

Other sectoral indices like consumer durables, PSU, FMCG and capital goods were trading in the negative zone, falling up to 1.56 per cent.

The 30-share was trading lower by 133.12 points or 0.50 per cent at 26,183.22 in early trade.

The index had soared 456.17 points in the previous session after investors crated fresh long positions in the new December series amid the rupee rebounding from record lows.

The was trading down by 23.70 points or 0.29 per cent at 8,090.60.

Brokers said sentiments were dampened with trimming of positions by participants, particularly in stocks after the Reserve Bank on Saturday introduced an incremental CRR of 100 per cent for the fortnight to absorb the surge in liquidity in system following of high value notes.

of state-owned SBI was trading lower by 2.68 per cent at Rs 253.95, fell Rs 1.75 at Rs 255.30, down 1.56 per cent at Rs 464 and shed 0.28 per cent at Rs 1,185.80, dragged down the key indices.

In Asia, Japan's Nikkei fell 0.80 per cent, while Shanghai Composite Index was quoting 0.32 per cent higher in early trade today. Hong Kong's Hang Seng index too was up 0.77 per cent.

The Dow Jones Industrial Average ended 0.36 per cent higher in Friday's trade.

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

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard