For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Sensex down 66 points in early trade

By Super
|
Sensex down 66 points in early trade
The BSE benchmark Sensex today fell by nearly 66 points in early trade as Infosys' second quarter results failed to cheer the market. The 30-share index, which had gained 173.65 points yesterday, fell by 65.90 points, or 0.35 per cent, to 18,738.85 with stocks of IT, capital goods and power sectors leading the fall in first five minutes of trade.
 

Similarly, the wide-based National Stock Exchange index Nifty declined by 13.20 points, or 0.23 per cent, to 5,694.85. Selling pressure sparked after below-market-expectations September quarter earnings by IT major Infosys, mainly influenced the trading sentiment, brokers said.

Funds and retail investors booking profits at prevailing higher levels also aided the fall in Sensex.

However, better trend in the Asian region restricted the loss, they added. Shares of Infosys fell by 7.10 per cent to Rs 2,351.60 in early trade, after the company reported consolidated profit for July-September period at Rs 2,369 crore, a growth of 24.29 per cent.

In the Asian region, Hong Kong's Hang Seng index was up by 1.07 per cent, while Japan's Nikkei Index gained 0.71 per cent in the morning trade today.

PTI

Read more about: sensex nifty
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more