Hindu Business Line file photo
Mumbai, India (BBN) – The domestic benchmark indices, the Sensex and the Nifty, fell nearly 0.5 per cent in late morning trade on Tuesday due to profit booking by investors.
At about 11:10am, the 30-share barometer declined by 134 points, or 0.44 per cent, to 30,437.02, reports The Hindu Business Line.
Similarly, the NSE Nifty was down 0.48 per cent or 45.15 points at 9,393.10.
Barring IT, TECk and Auto, all other BSE sectoral indices were down by up to 3.3 per cent.
Shares of healthcare, power, realty, PSU, consumer durables, oil&gas and metal suffered big losses.
The key BSE index had gained 136.18 points in the last two sessions.
Brokers said investors booked profits after recent gains and amid mixed global cues.
A weak rupee also dampened sentiment, they said.
Among major Sensex losers, ITC dropped 1.2 per cent after a recent rally. The stock had gained over 6 per cent yesterday.
Sun Pharma, GAIL, Cipla, Adani Ports, Bajaj Auto and State Bank of India fell up to 7 per cent, dragging the index into the negative.
Lending support were Maruti (+2.2%), Wipro (+1%), HUL (+0.90%), ICICI Bank (+0.59%) and Tata Motors (+0.56%).
In the Asian region, Japan’s Nikkei fell 0.12 per cent and China’s Shanghai Composite index shed 0.10 per cent in early trade today. Hong Kong’s Hang Seng, however, rose by 0.31 per cent.
The Dow Jones Industrial Average ended 0.43 per cent higher in yesterday’s trade.
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