Monday , December 5 2016
Home / Business / Financials / Sensex slumps 141 points on profit-booking

Sensex slumps 141 points on profit-booking

Sensex5_6

Mumbai :The benchmark Sensex fell about 141 points in early trade today due to profit-booking by investors after recent gains amid weak cues from Asian markets.

The 30-share barometer declined 140.86 points, or 0.59 per cent, to 23,508.36, with metal, capital goods, PSU and oil and gas leading the fall.

The index had gained 457.25 points in the last two straight sessions on the back of a rebound in the global market following a surge in crude oil prices.

Also, the NSE Nifty was trading lower by 45.80 points, or 0.63 per cent, at 7,145.95.

Brokers said that apart from profit-booking in recent gainers, a weak trend at other Asian bourses tracking overnight losses in the US dampened sentiment.

Hong Kong’s Hang Seng was down 0.53 per cent and Japan’s Nikkei fell 2.23 per cent. Shanghai Composite fell 0.58 per cent in early trade.

The Dow Jones Industrial Average ended 0.25 per cent lower in yesterday’s trade.

PTI

Read Also

money

Rs 500 notes needed to end long queues at banks, says SBI

8