Sensex slips 72 pts as profit-booking weighs

Image
Press Trust of India Mumbai
Last Updated : Mar 10 2016 | 9:48 AM IST
The benchmark Sensex fell almost 72 points in early trade today as investors booked profits in recent gainers amid mixed Asian cues.
The 30-share barometer declined 71.69 points, or 0.28 per cent, to 24,722.27, with sectoral indices led by IT, technology and FMCG leading the fall.
The index had risen some 1,792 points in the previous six sessions.
Also, the NSE Nifty was trading lower by 19.80 points, or 0.26 per cent, at 7,512.
Equity brokers said that apart from profit-booking in recent gainers, a mixed trend at other Asian markets was mainly responsible for a break in the six-session long rising spree on the domestic bourses here.
Shares of Infosys, TCS, Hindustan Unilever, Bharti Airtel, Dr Reddy's, BHEL, ITC, Sun Pharma, Wipro, HDFC Bank and RIL saw some profit-booking, which dragged down the indices.
Shanghai Composite was quoting 1.12 per cent lower while Hong Kong's Hang Seng gained 0.74 per cent in their early sessions. Japan's Nikkei was up 0.98 per cent.
The Dow Jones Industrial Average ended 0.21 per cent higher 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: Mar 10 2016 | 9:48 AM IST

Next Story