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  • Sensex opens 205 pts down on profit-booking

    Published on November 23, 2010

    The B S E benchmark Sensex tuesday fell by over 205 points in the opening trade, largely on profit-booking.

    The 30-share barometer, which had gained 372.15 points in the previous trading, was quoting at 19,785.34 points in the opening trade, down by 205.20 points from Monday’s close.

    Similarly, the wide-based National stock Exchange index Nifty also fell by 70.10 points to 5,939.90.

    Brokers said fresh bout of selling by funds and retailers on prevailing levels amid weak trend in global markets weighed down the trading sentiments.

    Besides, political uncertainty following 2G spectrum allotment, also triggered selling.

    All the sectoral indices, led by realty, banking and metal stocks were trading in negative zone with losses up to 2.03 per cent.

    In other Asian markets, the Hong Kong’s Hang Seng index was quoting down by 1.23 per cent in the morning trade. Japanese markets are closed Tuesday. In the US, Dow Jones Industrial Average shed 0.22 per cent in Monday’s trade.