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Profit-booking pulls down Sensex

New Delhi, July 2: The BSE benchmark Sensex on Tuesday declined as funds and retail investors booked profits after recent gains, amid a mixed trend on other Asian bourses.As of 11:32 am, the 30-share barometer

PTI PTI Updated on: July 02, 2013 11:39 IST
profit booking pulls down sensex
profit booking pulls down sensex

New Delhi, July 2: The BSE benchmark Sensex on Tuesday declined as funds and retail investors booked profits after recent gains, amid a mixed trend on other Asian bourses.




As of 11:32 am, the 30-share barometer declined by 49.85 points, or 0.25 per cent, to 19,527.54. The index had gained 1,025.27 points in the previous three sessions.

Stocks of metals, FMCG, auto, consumer durables, capital goods and banking sectors were the major losers due to profit- booking.

Similarly, the wide-based National Stock Exchange index, Nifty, fell by 19.05 points, or 0.32 per cent, to 5,879.80.

Brokers said selling, mostly for profit-booking, by funds and retail investors after three sessions of strong gains amid a mixed trend on other Asian bourses, mainly influenced the trading sentiment.

In the Asian region, Japan's Nikkei Index rose 0.83 per cent, while Hong Kong's Hang Seng index shed 0.68 per cent in early trade today.

The US Dow Jones Industrial Average ended 0.44% higher yesterday.
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