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Sensex fails to maintain 20K level, eases 10 pts

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Press Trust of India Mumbai
The BSE benchmark Sensex went down by 10 points in late morning trade today on slight bouts of profit-taking in capital goods, banking, metal and healthcare sectors despite buying in IT and FMCG sectors.

The BSE-30 share index, Sensex, resumed higher at 20,015.86 points and firmed up further to 20,058.48 on buying in select counters on the back of firm Asian cues.

However, it declined afterwards to 19,948.45 before quoting 19,980.06 points at 1030 hours.

It showed a loss of 10.12 points or 0.05 per cent from its last close.

The NSE 50-share barometer Nifty also moved down by 5.55 points, or 0.09 per cent, quoting 6,063.75 at 1030 hours.
 

Major losers were - Sun pharma (1.55 per cent), followed by Larsen (1.10 per cent), Tata Motors (1.08 per cent), Coal India (0.90 per cent) and ICICI Bank (0.86 per cent).

However, TCS firmed up by 1.45 per cent, Wipro (1.02 per cent), Hero Motocorp (1.01 per cent), HDFC (0.89 per cent) and Bajaj Auto (0.79 per cent).

Foreign institutional investors (FIIs) bought shares worth a net Rs 976.99 crore yesterday, as per provisional data from the stock exchanges.

Most Asian markets rose in early trade with South Korean stocks jumping after a surprise rate cut by the nation's central bank, while an improved earnings outlook spurred Japanese shares.

Key indices in Japan, Taiwan, South Korea and Singapore rose by 0.3 to 0.76 per cent, while stocks in China and Hong Kong fell by 0.27 to 0.65 per cent.

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First Published: May 09 2013 | 11:30 AM IST

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