Business Standard

Sensex loses sheen, IT, metal stocks weigh

Image

Press Trust of India Mumbai
The market got off to a muted start today on weakness in IT and metal stocks after participants took profit amid sluggish global pointers.

The 30-share BSE Sensex fell 54.59 points, or 0.16 per cent, to 33,288.21 in early session. The gauge had gained 582.36 points in the previous two sessions.

Also, the wider 50-share NSE Nifty shed 22.10 points, or 0.21 per cent, to 10,261.50.

Traders went about pocketing profit in those shares that have run up recently. Asia remained weak.

Among major Sensex losers, Cipla, ICICI Bank, Infosys, Tata Steel, M&M and SBI fell by up to 0.99 per cent, pulling the index down.
 

Japan's Nikkei fell 0.56 per cent, Shanghai Composite 0.97 per cent and Hong Kong's Hang Seng 0.19 per cent.

The US Dow Jones Industrial Average ended 0.43 per cent lower on Friday.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 20 2017 | 10:02 AM IST

Explore News