AUTO, REALTY STOCKS PULL SENSEX DOWN 99 POINTS
DATE: 03/05/2012
Indian benchmark indices, the Sensex and the Nifty, continued to trade lower by over 0.5 per cent in the mid-session today on fresh selling by funds and retail investors despite a firm trend in the European markets.
European stocks rose as Societe Generale SA earnings beat estimates and Spain prepared to sell bonds.
But Asian markets were down as overnight losses at the US markets on weak report on private jobs growth and poor economic reports from Europe dampened the sentiments.
30-share BSE index Sensex was down 99.45 points or 0.57 per cent at 17,202.46 and the 50-share NSE index Nifty was down 32.95 points or 0.63 per cent at 5,206.20.
Volume toppers were SBI, Hero MotoCorp, Infosys, TCS and ICICI Bank. Among the 30-share Sensex, BHEL, Wipro, HUL, HDFC Bank and Infosys were the major gainers. Hero MotoCorp, ICICI Bank, Coal India, Tata Power and Tata Steel were the major laggards.
Auto, realty, metal and bank stocks witnessed heavy selling with each down by over 1.2 per cent.
POWERED BY: BUSINESSLINE NEWS
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