New Delhi: The 30-share barometer declined by 26.11 points, or 0.12%, to 20,931.70, with stocks of banking, IT, auto and metals sectors leading the fall. The benchmark BSE Sensex on Friday fell by over 26 points in early trade due to profit-booking by funds and speculators after yesterday’s rally amid a weak Asian trend. The index had gained 249.10 points in the previous session.
Similarly, the wide-based National Stock Exchange index Nifty moved down by 8 points, or 0.13%, to 6,233.10. Brokers said profit-booking by participants after yesterday’s rally and a weak trend in the Asian region, as better-than-forecast US growth data adding to expectations the Federal Reserve will start to wind down its stimulus programmed, mainly dampened the trading sentiment here. In Asia, Hong Kong’s Hang Seng index was down by 0.39%, while Japan’s Nikkei shed 0.43% in early trade. The US Dow Jones Industrial Average ended 0.43% lower yesterday.
Bureau Report
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