The Sensex and the Nifty were trading down by nearly 0.4 per cent due to profit-booking by investors after recent gains amid weak cues from Asian markets.At 10.25 a.m., the 30-share BSE index Sensex was trading lower by 78.97 points or 0.31 per cent at 25,724.81 and the 50-share NSE index Nifty was trading down by 26.25 points or 0.33 per cent at 7,818.10.Among BSE sectoral indices, realty index was up 0.68 per cent, followed by consumer durables 0.63 per cent, capital goods 0.55 per cent and infrastructure 0.4 per cent. On the other hand, IT index fell the most by 0.85 per cent, TECk 0.62 per cent, metal 0.34 per cent and TECk 0.2 per cent.Top five Sensex gainers were NTPC (+1.29%), HUL (+0.74%), L&T (+0.71%), Cipla (+0.57%) and Axis Bank (+0.57%), while the major losers were Bajaj Auto (-1.59%), Vedanta (-1.55%), Infosys (-1.23%), TCS (-1.23%) and Dr Reddy’s (-0.81%).

The 30-share barometer fell 100.77 points or 0.39 per cent to 25,703.01 in early trade, with IT, auto, consumer durables, metal and banking stocks leading the fall.The index had gained 759.35 points in the last four sessions.Also, the NSE Nifty fell 35.10 points or 0.44 per cent to 7,809.35.Brokers said that apart from profit-booking in recent gainers, weak trend at other Asian bourses, tracking overnight losses in the US markets, mainly influenced the sentiment.In the Asian region, Hong Kong’s Hang Seng was quoting lower by 0.23 per cent and Shanghai Composite was down 0.12 per cent in early trade. Japan’s Nikkei shed 0.24 per cent.The Dow Jones Industrial Average had ended 1.43 per cent lower in yesterday’s trade.

Source : thehindubusinessline.com

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