Sensex declines 40 points in early trade!

March 07, 2013 11:12
Sensex declines 40 points in early trade!

On Thursday, the BSE benchmark Sensex fell by nearly almost 40 points in early trade as investors booked profits after two sessions of gains.

Moreover, the 30-share barometer fell by 39.69 points, or 0.20 per cent, to 19,212.92, led by losses in stocks of metal, realty, auto, banking and oil and gas sectors. The index had gained nearly 375 points in the previous two sessions likewise the wide-based National Stock Exchange index Nifty shed 17.30 points, or 0.29 per cent, to 5,801.30.

According to the Brokers profit booking by speculators after recent gains mainly influenced the trading sentiment but a firming trend in the Asian region, cushioned the fall to some extent.

In fact on Wednesday, in the Asian region, Japan’s Nikkei Index was up by 0.39 per cent, while Hong Kong’s Hang Seng index gained 0.10 per cent in early trade today. The U.S. Dow Jones Industrial Average ended 0.30 per cent higher.

(AW:Samrat Biswas)

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