The Bombay Stock Exchange benchmark Sensex on Thursday slipped 48 points on profit-booking amid weak trend in global markets over delays in the resolution of Greece’s bailout and persisting euro-zone debt crisis.
The Sensex, which gained nearly 454 points in the last three trading sessions, fell 48.42 points, or 0.27 per cent to 18,153.99, after touching the day’s low of 18,043.32.
The 50-scrip National Stock Exchange index Nifty declined 10 points, or 0.18 per cent to 5,521.95.
Besides profit-booking at high level of equities in view of recent gains, investor sentiment was damp on weak closing in the Asian region and lower openings in Europe amid lingering concerns over the bailout package for Greece, among the worst hit by the euro-zone debt troubles.
The down-trend was led by the most heaviest on the Index Reliance industries — down 2.86 per cent, followed by Tata Steel which was down 3.23 per cent.
The metal sector index suffered the most, dropping 1.63 per cent at 12,585.71 and oil and gas index — down 1.53 per cent at 8,613.55.
Sun Pharma plunged 2.49 per cent following damages claims by Wyethlab from the company.
Coal India, Gail India, ICICI Bank, Sterlite, TCS, HUL and Hindalco also were down.