Processing .....please wait.. 
The article has been forwarded.... 
News >> >>
Sensex Down by 19 Points in Early Trade
Friday, 25 November 2011, 19:46 IST
Mumbai: The BSE benchmark Sensex recovered from a steep fall in opening trade and was down by 19 points at 1020 hours today on fresh selling in IT, teck, metal and refinery stocks amid persistent foreign capital outflows and weak Asian cues.
The 30-share Sensex resumed lower at 15,781.25 and hovered in a range between 15,840.80 and 15,672.19 before quoting at 15,839.46 at 1020 hours, a net loss of 19.03 points, or 0.12 percent, from its previous close.
The NSE''s 50-share Nifty index was also down marginally by 3.50 points, or 0.07 percent, at 4,752.95 at 1020 hours.
The major losers in early trade were Hero MotoCorp (down 2.18 per cent), Jindal Steel (1.55 percent), Tata Steel (1.44 percent), Infosys (1.37 per cent), TCS (1.23 per cent) and ONGC (1.05 percent).
Shares of organised retailers surged after the Union Cabinet cleared a proposal to allow 51 per cent foreign direct investment (FDI) in multi-brand retail and removed the cap of 51 percent FDI in single-brand retail.
FIIs sold shares worth 
1,636.08 crore in yesterday''s trading session as per provisional data from the stock exchanges.
Meanwhile, Asian stocks declined in early trade, with energy and banking stocks the notable decliners as lingering concerns over Europe''s debt crisis kept investors sidelined.
The key benchmark indices in China, Hong Kong, Indonesia, Malaysia, Singapore, South Korea, Taiwan and Japan were down by between 0.24 per cent and 1.47 per cent.
Source: PTI
1,636.08 crore in yesterday''s trading session as per provisional data from the stock exchanges.
Meanwhile, Asian stocks declined in early trade, with energy and banking stocks the notable decliners as lingering concerns over Europe''s debt crisis kept investors sidelined.
The key benchmark indices in China, Hong Kong, Indonesia, Malaysia, Singapore, South Korea, Taiwan and Japan were down by between 0.24 per cent and 1.47 per cent.
Source: PTI