Sensex falls 210 points on profit-booking, weak universal cues
Sensex falls 210 points on profit-booking, weak universal cues
Share:

Mumbai: Wednesday, 18 May 2016:Market benchmark BSE Sensex fell over 210 points,due to profit-booking by investors after current gains during weak signs from Asian markets.

Furthermore, the rupee, which debilitated for the fifth day against the dollar, also had its bearing on domestic equities.

The 30-share barometer declined 210.46 points, or 0.81 per cent, to 25,563.15, with auto,banking, IT, FMCG, metal and realty sector stocks leading the fall.

The index had grew 284.04 points in the preceding two traditional sessions.

The NSE Nifty was also trading lesser by 64.60 points, or 0.81% , at 7,826.15.

Brokers said, “ besides profit-booking in recent gains, a weak trend at other Asian bourses tracking overnight losses in the US after strong inflation data that fuelled talk of an interest rate hike, dampened the sentiment.”

Although Hong Kong's Hang Seng was down 1.67 %, Shanghai Composite fell 1.71 % in early trade. Japan's Nikkei still extended its new gains by rising 0.61 % after a better-than-forecast economic growth data.

The Dow Jones Industrial Average ended 1.02 % lower in yesterday's trade.

Join NewsTrack Whatsapp group
Related News