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.)