MUMBAI, SEPT 6:
The Bombay Stock Exchange benchmark Sensex shed over 120 points in the morning trade today on continued selling by funds and retail investors taking cues from a weak trend in other Asian bourses.
At 10.00 a.m., the 30-share BSE index Sensex was down 120.42 points or 0.72 per cent at 16,592.91 and the 50-share NSE index Nifty was down 39.95 points or 0.8 per cent at 4,977.25.
Volume toppers during the session were SBI, ICICI Bank, Tata Motors, Tata Steel and RIL. Major Sensex losers were ICICI Bank, RIL, Infosys, SBI, TCS, HDFC Bank and ITC. ONGC, HDFC and Mahindra & Mahindra were the major gainers.
Among the sectoral indices, auto was up 1.24 per cent and consumer durables 0.65 per cent. Realty was down 1.79 per cent, bankex 1.66 per cent, IT 1.39 per cent and teck 1.2 per cent. Of the total 1,859 stocks traded, 909 advanced, 870 declined and 80 remained unchanged.
The 30-share Sensex, which lost 108.13 points in the previous session, fell 97.45 points or 0.58 per cent to 16,615.88 in the opening trade. Similarly, the broad-based National Stock Exchange Nifty index lost 35.15 points or 0.7 per cent, to 4,982.05.
Increased selling by funds and retail investors due to weak trend in other Asian markets amid renewed fears over euro zone sovereign debt crisis dampened the trading sentiment here.
Meanwhile, in the Asian markets, Hong Kong’s Hang Seng Index fell 1.02 per cent, while Japan’s Nikkei Index shed 1.40 per cent in the morning session
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