Sensex relieves 80 pts forward of IIP data
Sensex relieves 80 pts forward of IIP data
Share:

Mumbai:June 10, 2016:The benchmark BSE Sensex fell over 80 points and the NSE Nifty fall below the 8,200-mark as members lightened their bets ahead of the IIP data scheduled for the day during weak overseas cues.
The 30-share index was down 80.38 points, or 0.30 per cent, at 26,683.08, with sectoral indices such as IT, technology, auto, banking, healthcare and FMCG being in the negative zone.

The measure had retreated from a 7-month high by losing 257.20 points in yesterday's trade after investors booked income in current outperformers.

The NSE index Nifty fell 23.35 points, or 0.28 %, to trade at 8,180.25.

Traders said, “A cut-down in positions by cautious participants ahead of release of key economic data industrial production for April weighed on sentiment.”

Furthermore, a weak trend at other Asian bourses following overnight losses in the US and European markets dented sentiment.

To another place in Asia, Hong Kong's Hang Seng shed 0.75 % while Japan's Nikkei was down 0.49 % in morning trade today.

The US Dow Jones Industrial Average ended 0.11 % lower in yesterday's trade.

Join NewsTrack Whatsapp group
Related News