Sensex down 145 points in early trade on profit-booking

Image
Press Trust of India Mumbai
Last Updated : Aug 16 2013 | 9:55 AM IST
The BSE benchmark index Sensex today declined by over 145 points in early trade, as funds and retail investors booked profits after recent gains amid mixed trend on other Asian bourses.
The 30-share index, which has gained nearly 703 points in the previous four sessions, fell by 145.82 points, or 0.72 per cent, to 19,221.77 with all the sectoral indices led by consumer durables, banking and realty coming under pressure.
In a similar fashion, the wide-based National Stock Exchange index Nifty fell by 53.35 points, or 0.93 per cent, to 5,688.95.
Brokers said besides profit-booking by participants after four sessions of gains and a mixed trend on the Asian bourses in line with overnight losses on the US markets, led to the decline in the benchmark Sensex.
In the Asian region, Japan's Nikkei Index was down by 0.40 per cent, while Hong Kong's Hang Seng index up by 0.41 per cent in early trade today.
The US Dow Jones Industrial Average ended 1.47 per cent lower yesterday.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 16 2013 | 9:55 AM IST

Next Story