Menu
Search

Sensex Falls 71 Points in Early Trade Ahead of GDP Data

Friday, August 31, 2012
23
Separator
21
Separator
32
Separator
7
Separator
Print Print Email Email
News Content Image

Mumbai: The BSE benchmark Sensex fell by over 71 points in early trade on 31August on fresh selling by funds ahead of first quarter GDP data.

The 30-share barometer, which had gained 50.83 points in 30 August volatile session, fell by 71.28 points, or 0.41 percent, to 17,470.36. Stocks of IT, power and realty sectors lead the fall.

Similarly, the wide-based National Stock Exchange index Nifty shed 29.15 points, or 0.55 percent, to 5,285.90.

Marketmen said selling by funds and retail investors ahead of first quarter GDP data to be announced later in the day today amid a subdued trend in Asian markets, following weak Japanese economic figures, mainly influenced the trading sentiment.

In Asian region, Hong Kong's Hang Seng index was down by 0.25 percent, while Japan's Nikkei Index lost 1.11 percent in the morning trade on 31August.

The U.S. Dow Jones Industrial Average had ended 0.81 percent lower in 30 August trade.


Source: PTI
Write your comment now
Submit Reset
Looking For Loan? Let us Help you !!!
Product
Name
City
Phone
Email
Loan Amount
Annual Income
Preferred banks
Captcha
Type the characters you see in the picture
  Submit