Sensex down 21 points in early trade

March 22, 2013 09:47 am | Updated 09:47 am IST - Mumbai

A view of the BSE building in Mumbai. File photo

A view of the BSE building in Mumbai. File photo

Extending losses for the sixth straight session, the BSE benchmark Sensex on Friday fell over 21 points in early trade due to sustained selling by funds and retail investors amid a weak trend in the Asian region.

The 30-share index, which had lost over 778 points in the previous five sessions, fell by 21.26 points, or 0.11 per cent, to 18,771.61 in early trade, with stocks of IT, realty and oil and gas sectors leading the fall.

Similarly, the wide-based National Stock Exchange index Nifty shed 3.55 points, or 0.06 per cent, to 5,655.20.

Brokers said besides a weak trend in the Asian region in line with overnight losses on the US markets, continuing worries over the country’s political stability dampened the trading sentiment here.

Meanwhile, in Asia, Hong Kong’s Hang Seng index declined by 0.28 per cent, while Japan’s Nikkei fell 1.34 per cent.

The US Dow Jones Industrial Average ended 0.62 per cent lower in yesterday’s trade.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.