Sensex down 43 points, IT stocks fall

September 4th, 2012 - 2:28 pm ICT by IANS  

Sensex Mumbai, Sep 4 (IANS) A benchmark index of Indian equities markets was trading 43 points lower in afternoon trade Tuesday due to weak Asian cues. IT stocks were the worst performers.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,378.68 points, was ruling at 17,341.05 points, 0.25 percent or 43.35 points down from its previous day’s close at 17,384.40 points.

The Sensex touched a high of 17,378.68 points and a low of 17,315.76 points in intra-day trade.

The wider 50-scrip S&P; CNX Nifty of the National Stock Exchange was ruling 0.19 percent down at 5,243.75 points.

On the sectoral front, the BSE IT index was down 33.10 points.

The main Sensex losers were HDFC, down 1.72 percent at Rs.721; Tata Power, down 1.59 percent at Rs.96.15; Cipla, down 1.33 percent at Rs.379.80; ONGC, down 1.15 percent at Rs.269.70; and Hindalco Inds, down 1.15 percent at Rs.102.75.

The major gainers were Tata Steel, up 1.45 percent at Rs.363.25; RIL, up 0.95 percent at Rs.771.50; Tata Motors, up 0.71 percent at Rs.232.50; Hindustan Unilever, up 0.68 percent at Rs.518.70; and SBI, up 0.49 percent at Rs.1,858.20.

Among other Asian markets, Japan’s Nikkei was down 0.10 percent while Shanghai’s composite index was trading 0.75 percent down. Hong Kong’s Hang Seng was down 0.37 percent.

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