Sensex loses sheen; IT, metal stocks weigh

The wider 50-share NSE Nifty shed 22.10 points, or 0.21%, to 10,261.50.

November 20, 2017 10:08 am | Updated 11:23 am IST - Mumbai

Traders went about pocketing profit in those shares that have run up recently. File

Traders went about pocketing profit in those shares that have run up recently. File

The market got off to a muted start on Monday on weakness in IT and metal stocks after participants took profit amid sluggish global pointers.

The 30-share BSE Sensex fell 54.59 points, or 0.16%, to 33,288.21 in early session. The gauge had gained 582.36 points in the previous two sessions.

Also, the wider 50-share NSE Nifty shed 22.10 points, or 0.21%, to 10,261.50.

Traders went about pocketing profit in those shares that have run up recently. Asia remained weak.

Among major Sensex losers, Cipla, ICICI Bank, Infosys, Tata Steel, M&M and SBI fell by up to 0.99%, pulling the index down.

Japan’s Nikkei fell 0.56%, Shanghai Composite 0.97% and Hong Kong’s Hang Seng 0.19%.

The U.S. Dow Jones Industrial Average ended 0.43% lower on November 17.

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