Tuesday, February 8, 2011

Sensex falls 135 points in opening trade

MUMBAI: The Bombay Stock Exchange benchmark Sensex shed 135 points in opening trade on Wednesday amid sustained foreign capital outflows and a mixed trend on other Asian bourses.

The 30-share index, which fell by 261.49 points in Tuesday's session, lost 134.44 points, or 0.76%, to 17,641.26 points in opening trade today.

In a similar fashion, the wide-based National Stock Exchange Nifty index dipped below the 5,300 points level after shedding 39.25 points, or 0.73%, to 5,273.30 points.

Brokers said continued capital outflows by foreign funds and selling by retail investors in the absence of any positive cue dampened the trading sentiment.

In particular, realty, auto, consumer durables and metal stocks were under pressure, which dragged down the broader market.

TOI

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