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  • Sensex down 93 pts in opening trade

    Published on November 19, 2010

    The B S E benchmark Sensex fell by 93 points in opening trade on Friday, largely on profit booking amid weak trend. 

    The 30-share barometer, which had gained 65.50 points in Thursday’s highly choppy session, was trading at 19,837.67 points in early trade, down by 92.97 points from Thursday’s close.

    Similarly, the wide-based National stock Exchange index Nifty also fell by 31.70 points to 5,967.10 with realty, banking and technology stocks leading the declines.

    Brokers said fresh bout of selling by funds and retailers on prevailing levels mainly dragged down the Sensex.

    In other Asian markets, the Hong Kong’s Hang Seng index was quoting lower by 1.04 per cent, while Japanese Nikkei was marginally up by 0.61 per cent to trade at five-month high in the morning trade on Thursday.

    In the US, Dow Jones Industrial Average ended 1.57 per cent higher on stronger-than-expected economic data and hopes for an end to Ireland’s debt crisis.