Sensex falls by 38 points in early trade

March 11, 2010 09:50 am | Updated 09:50 am IST - Mumbai

The Bombay Stock Exchange benchmark Sensex shed over 38 points in early trade on Thursday as investors sold stocks to book profits at existing levels amid a mixed trend on other Asian bourses.

The 30-share index, which gained 45.79 points in the previous session, fell by 38.07 points, or 0.22 per cent to 17,060.26 points in early trade after rising to 17,125.05.

The wide-based National Stock Exchange index Nifty dipped by 11.95 points, or 0.15 per cent to 5,104.30 points.

Brokers said emergence of profit taking by funds as well as retailers and mixed trend on other Asian markets mainly dampened the trading sentiments.

They said a cautious approach adopted by major players, after recent run-up, also cast its shadow on the sentiments.

Hindalco fell by 1.14 per cent to Rs 160.90, Sterlite Industries by 1.06 per cent to Rs 795.20, Tata Steel by 1.02 per cent to Rs 604.75, HDFC Ltd by 0.59 per cent to Rs 2685, Hero Honda by 0.78 per cent to Rs 1,914.80 and Hindsutan Unilever by 1.65 pent to Rs 234.90.

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.