Don’t miss the latest developments in business and finance.

BSE Sensex falls on foreign investor selling; ITC drags

Image
Reuters
Last Updated : Apr 05 2013 | 12:10 PM IST

Reuters Market Eye - The BSE Sensex is down around 100 points, while the Nifty is down 30 points. Concerns about foreign selling continued to weigh after overseas investors sold shares worth net 3.26 billion rupees on Thursday and 3.68 billion rupees on Wednesday.

Stocks leading losses on the Sensex are -- ITC down 2.4 percent, HDFC down 2.9 percent, ICICI Bank down 1.7 pct.

On the IT side, Wipro is down 0.9 percent, TCS down 0.6 percent, HCL Tech is gains 2.4 percent.

Maruti Suzuki shares gain 4.5 percent on bets a depreciation in the yen will boost earnings by reducing the costs of imports from Japan after the BOJ unleashed the world's most intense burst of monetary stimulus on Thursday.

Also Read

First Published: Apr 05 2013 | 11:53 AM IST

Next Story