Sensex down 17 points in early trade

Image
Press Trust of India Mumbai
Last Updated : Jul 25 2013 | 9:55 AM IST
The BSE benchmark Sensex today fell over 17 points in early trade as funds and retail investors kept their commitments restricted in view of monthly expiry in the derivatives segment.
The 30-share barometer fell by 17.44 points, or 0.09 per cent, to trade at 20,073.24 points. The index had lost 211.45 points in the previous session.
Consumer durables, realty and banking sector stocks were down due to selling pressure.
The wide-based National Stock Exchange index Nifty fell by 7.70 points, or 0.13 per cent, to 5,982.80 points.
Brokers said cautious approach adopted by participants as today being the last session of current month expiry in the derivatives segment and a weak trend in the Asian region mainly dampened the trading sentiment.
Besides, investors were cautious ahead corporate earnings from bluechip companies, they said.
Stocks of Cairn India fell by 1.19 per cent to Rs 304.20 after company reported 18 per cent drop in the April-June quarter net profit, while Hero MotoCorp spurted by 3.26 per cent to Rs 1,815.10 despite 10.86 per cent decline in its net profit for the first quarter.
In the Asian region, Japan's Nikkei Index was down 0.56 per cent, while Hong Kong's Hang Seng index shed 0.44 per cent in early trade. The US Dow Jones Industrial Average ended 0.16 per cent lower in yesterday's trade.
*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: Jul 25 2013 | 9:55 AM IST

Next Story