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Sensex trips 35 points on profit-booking, global cues


The benchmark Sensex fell almost 35

points in early trade today as investors took profits from

recent gainers amid mixed Asian cues.

Investors turned cautious ahead of the upcoming Budget on


The 30-share barometer declined 34.71 points, or 0.12 per

cent, to 27,847.75, with sectoral indices led by IT, metal,

teck and auto trading in negative terrain.

The index had risen 847.96 points in the previous four


The NSE Nifty too was quoting lower by 14.15 points, or

0.16 per cent, at 8,627.10.

Equity brokers said that apart from profit-booking, a

mixed trend in Asia following weekend losses in New York on

lacklustre fourth-quarter growth report and some high-profile

earnings disappointments led to the subdued opening of the

domestic markets here.

In the Asian region, Japan’s Nikkei was quoting 0.74 per

cent down, while Shanghai Composite rose 0.31 per cent in

early deals. Hong Kong’s financial markets are closed today

for public holiday.

The Dow Jones Industrial Average ended 0.04 per cent lower

in Friday’s trade.

(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)