Sensex fails to maintain early gains, falls for 6th straight day
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Sensex fails to maintain early gains, falls for 6th straight day

Last Updated: Tuesday, December 17, 2013, 15:17
 
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Sensex fails to maintain early gains, falls for 6th straight day
Zee Media BUreau

The benchmark BSE Sensex failed to hold its early gains and fell for the sixth straight day in afternoon trade Tuesday on emergence of selling in banking, auto and power stocks.

The 30-share barometer declined by 28 points to 20,630. The index had lost over 667 points in the last five sessions.

Similarly, the wide-based National Stock Exchange index Nifty edged down by over 7 points to 6,147.

In the Asian region, the Nikkei gained 0.8 percent today, rebounding from a 3-1/2 week closing low in the previous session.

Among commodities, US crude prices eased 0.1 percent to about USD 97.4 a barrel, giving up some of the previous session's 0.7 percent rise.

Gold rose 0.5 percent to around USD 1,246 an ounce, heading for a third straight gaining day, helped by short-covering ahead of the Fed outcome.

The US Dow Jones Industrial Average ended 0.82 percent higher in yesterday's trade.



First Published: Tuesday, December 17, 2013, 15:09


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