BSE Sensex lower 55 points ahead of RBI policy
BSE Sensex lower 55 points ahead of RBI policy

BSE benchmark Sensex falling over 55 points and NSE Nifty cracking below the 8,700-mark in early trade today.The 30-share index,which had increased 485.06 points in the preceding three sessions, was trading 55.20 points or 0.20 % lower at 28,127.37 with FMCG, teck, IT, realty and capital goods stocks leading the fall on profit-booking.

NSE Nifty slipped below the 8,700-mark by falling 19.45 points or 0.22 per cent at 8,691.90.

As per the brokers said, “Sentiment was influenced by a mixed trend at other Asian markets following overnight losses in the US markets, trimming of positions by participants”

They added, “Besides, a caution prevailed among participants ahead of RBI Governor Raghuram Rajan's last monetary policy meet"

Among other Asian markets, Hong Kong's Hang Seng index fell 0.%, while Japan's Nikkei moved up 0.11 % in early trade today. Shanghai Composite Index gained 0.14 %.

The US Dow Jones Industrial Average ended 0.08 % lower in yesterday's trade.

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