NEWS

Rediff.com » News

Sensex down 79 points in early trade
June 21, 2013
The BSE benchmark Sensex today lost over 79 points in early trade as stocks of FMCG, metal, auto, healthcare and banking sectors fell on sustained capital outflows, tracking a weak trend in the global market. 

Extending losses for the second session, the 30-share index fell by 79.13 points, or 0.42 per cent, to 18,640.162. The index had lost 526.41 points in the previous session. 

Similarly, the wide-based National Stock Exchange Nifty declined by 14.15 points, or 0.25 per cent, to 5,641.75. 

Brokers said sustained capital outflows from foreign funds amid a weakening trend in the global market after the US Federal Reserve signalled a possible end to its stimulus programme, mainly dampened the trading sentiment.

Besides, weakening rupee too triggered selling pressure, they added.
© 2024 Rediff.com