Sensex trims early losses; hovering around 18,850
Quotes

Sensex trims early losses; hovering around 18,850

Last Updated: Thursday, November 8, 2012, 11:57
 
 Comment 0
 
Sensex trims early losses; hovering around 18,850
Zeebiz Bureau

Mumbai: The BSE benchmark Sensex trimmed its early losses but was still being quoted down by 50 points in the mid-session trade Thursday as funds and retail investors preferred to book profits after six sessions of gains amid a weak trend in global markets.

The 30-share barometer, which has surged by over 470 points in the last six sessions, fell by 46.55 points to 18,856.

Similarly, the wide-based National Stock Exchange index Nifty fell by 22.75 points to 5,737.

Brokers said besides profit-booking by speculators, a weak trend in Asian trade following overnight losses at the US market on fears its economy is facing another huge economic crisis, spurring a sell-off, dampened the trading sentiments here.

In Asian region, Japan's Nikkei Index was down 1.64 percent, while Hong Kong's Hang Seng index shed 1.28 percent in early trade.

The US Dow Jones Industrial Average ended 2.36 percent down in yesterday's trade.

With PTI Inputs



First Published: Thursday, November 8, 2012, 09:49


Comments


comments powered by Disqus
Hyundai 4S Fluidic Verna
Hyundai 4S Fluidic Verna
Top 5 anticipated luxury cars of 2015
Top 5 anticipated luxury cars of 2015
Top 5 anticipated smartphones of 2015
Top 5 anticipated smartphones of 2015
World Economic Forum 2015
World Economic Forum 2015
G20 Summit 2014
G20 Summit 2014

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved