Sensex falls for first time in four days
Mumbai: The 30-share bellwether BSE Sensex lost
for the first time in four days as investors book profits, tracking
weakness in global markets.
At 9.34am, the Sensex was trading down 0.24%, or 53.17 points, at
22,039.48 points, while the National Stock Exchange’s (NSE’s) broader
50-share Nifty was trading lower by 0.13%, or 8.35 points at 6,575.15
points.
The BSE oil and gas index was the biggest loser among sectoral indices, down 2.54%.
Among the Sensex stocks, the losers included Oil and Natural Gas Corp. Ltd (ONGC) that lost 3.8% to Rs.309 per share, and Reliance Industries Ltd (RIL) which fell 2.89% to Rs.878.50.
The gainers included HDFC Bank Ltd that jumped 1.21% to Rs.759.50 and State Bank of India (SBI) that rose 1.08% to Rs.1,744.
Financial Technologies (India) Ltd (FTIL) gained 2.61% to Rs.367.70 as it completed Indian Energy Exchange Ltd (IEX) share sale to Golden Oak (Mauritius) Ltd for Rs.72.89 crore.
Jaiprakash Associates Ltd gained 1.73% to Rs.49.90. The company on Monday said it will be exiting a cement joint venture with Steel Authority of India Ltd (Sail) by selling 74% stake, or 98.9 million shares, to Dalmia Cement Bharat Ltd at a consideration of Rs.69.74 per share against cost price of Rs.18.57.
China’s Shanghai Composite was trading up just 0.11% as
manufacturing weakened a fifth straight month, while Hong Kong’s Hang
Seng was trading down 0.19% and Japan’s Nikkei Stock Average lost 0.35%.
Overnight, US markets ended lower on Monday. The Dow
Jones Industrial Average lost 0.16%, S&P 500 was down0.49% and
Nasdaq Composite dropped 1.18%.
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