The
benchmark BSE Sensex fell about 25 points to 28,414.48 in early trade today on
profit-booking by investors after recent gains, amid a weak trend in overseas
markets.
The 30-share barometer fell 24.80 points, or 0.08 per cent, to 28,414.48, with
auto, banking, technology and IT stocks succumbing to the flurry in
profit-booking.The index had gained 783.32 points in the past four sessions.
Also, the NSE Nifty slipped below the key 8,800-mark by falling 11.65 points,
or 0.13 per cent, at 8,789.40.
Brokers said that apart from
profit-booking in recent gainers, a weak trend in
other Asian bourses following overnight losses in the US and European markets,
cut short the four-day march of the doemstic bourses.
Besides, caution prevailed ahead of RBI monetary policy review tomorrow which
cast a shadow on sentiments, they added.
Hong Kong's Hang Seng was trading lower by 0.06 per cent and Japan's Nikkei
shed 0.45 per cent. Shanghai Composite too was down 0.23 per cent in early
trade.
The Dow Jones Industrial Average ended 0.09 per cent lower in yesterday's
trade.
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