Breaking its five-day winning streak, the benchmark BSE Sensex fell 141 points in early trade Tuesday, as banking, IT, realty and FMCG stocks retreated, tracking sell-off in global market.<\/p>\n
The 30-share index dropped 140.51 points, or 0.40 per cent, to 36,129.56 points in opening trade. The gauge had rallied over 1,310 points in the previous five sessions.<\/p>\n
Among sectoral indices, IT fell the most 1.19 per cent, followed by tech 1.08 per cent, on account of appreciating domestic currency.<\/p>\n
Meanwhile, FMCG, healthcare, banking and consumer durables also fell by up to 0.35 per cent as profit taking emerged on these counters.<\/p>\n
Brokers said, the decline in benchmark indices was on account of a weak trend in Asian markets amid sharp losses at the Wall Street, as investors continued to fear weakening global growth. Besides, profit-booking in recent gainers also dampened investor sentiment here.<\/p>\n
Infosys emerged as the worst performer in the Sensex pack, falling 1.67 per cent, followed by Wipro at 1.49 per cent on weakening dollar against the rupee.<\/p>\n
However, Tata Motors, M&M, Bajaj Auto, Sun Pharma, L&T, Hero MotoCorp, PowerGrid and Bharti Airtel, defied the broader market sentiment and were trading higher by up to 1.12 per cent.<\/p>\n
Stocks of state-run oil marketing companies such HPCL, BPCL and IOC were trading higher up to 1.16 per cent on the back of easing crude oil prices in global market.<\/p>\n
According to provisional data, domestic institutional investors sold shares worth a net of Rs 76.84 crore, while foreign institutional investors (FIIs) offloaded shares to the tune of Rs 60.95 crore Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"
Breaking its five-day winning streak, the benchmark BSE Sensex fell 141 points in early trade Tuesday, as banking, IT, realty and FMCG stocks retreated, tracking sell-off in global market. The 30-share index dropped 140.51 points, or 0.40 per cent, to 36,129.56 points in opening trade. The gauge had rallied over 1,310 points in the previous […]<\/p>\n","protected":false},"author":1,"featured_media":50331,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-50330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/50330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=50330"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/50330\/revisions"}],"predecessor-version":[{"id":50332,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/50330\/revisions\/50332"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/50331"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=50330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=50330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=50330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}