Mumbai: The Bombay Stock Exchange benchmark
Sensex on Friday fell by over 132 points in opening trade on fresh
capital outflows by foreign funds, triggered by weak global
markets after subdued US data.
Also, profit-taking by retail investors after recent
gains put pressure on the stock prices.
The 30-share Sensex, which had gained 15.77 points in
yesterday's choppy trade, dipped 132.09 points to 17,053.59 in
opening trade.
The wide-based National Stock Exchange index Nifty also
drifted by 42.10 points to 5,089.60.
Brokers said sentiments negative on a subdued US services
sector data, triggering selling by foreign funds.
Besides, profit booking by retail investors in select
counters at prevailing prices, also attributed fall in stock
prices, they said.
Among losers, market heavy-weight Reliance Industries
which fell 0.66 percent at Rs 1,094.30 on profit-taking.
Other weak counters, which dragged the Sensex down were
BHEL down 0.43 percent to Rs 2,195.80, State Bank of India
down 0.34 percent to Rs 2,346.05 and Maruti Suzuki lower by
1.02 percent to Rs 1,618.50 .
The Hong Kong's Hang Seng index was down 1.34 percent,
while Japan's Nikkei was down 0.30 percent in the morning
trade today. The US Dow Jones Industrial Average had closed
0.83 percent down in yesterday.
PTI
First Published: Friday, December 04, 2009, 10:33