GET Stock QuotesNews18 APP
News18 English
»
1-min read

Sensex off Record-high, Falls 41 Points in Early Trade

Snapping its record-setting spree, the benchmark BSE Sensex fell over 41 points in early trade on Tuesday as participants locked-in gains at current levels amid disappointing quarterly earnings.

PTI

Updated:May 30, 2017, 10:27 AM IST
facebookTwittergoogleskypewhatsapp
Sensex off Record-high, Falls 41 Points in Early Trade
A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai. (Image: REUTERS)

Mumbai: Snapping its record-setting spree, the benchmark BSE Sensex fell over 41 points in early trade on Tuesday as participants locked-in gains at current levels amid disappointing quarterly earnings.

Besides, the absence of cues too negatively impacted trading sentiments as most of other Asian markets are shut.

The 30-share barometer retreated from its record closing by losing 41.24 points, or 0.13 per cent, to 31,068.04.

The gauge had rallied by 807.64 points in the previous three straight sessions.

On Monday, the gauge had closed at a fresh lifetime peak of 31,109.28 after climbing to a new intra-day record high of 31,214.39.

The National Stock Exchange index Nifty also slipped from record-high and shed 23.70 points, or 0.24 per cent, to 9,581.20. It closed at an all-time high of 9,604.90 after recording a new intra-day peak of 9,637.75 in Monday's trade.

Brokers said the emergence of profit-booking by investors in recent gainers at record levels amid continued foreign fund outflows and muted earnings posted by some bluechip companies mainly pulled down the key indices from their peaks.

Meanwhile, Foreign portfolio investors (FPIs) sold shares worth Rs 709.97 crore, while Domestic institutional investors (DIIs) bought shares to the tune of Rs 290.53 crore yesterday, as per provisional data from the stock exchanges.

In the Asian region, Japan's Nikkei was down 0.54 per cent in early trade. Hong Kong and Chinese markets are shut today. The US markets also remained closed on Monday.

Also Watch

Read full article
Next Story
Next Story
facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
TCS 3,402.45 +211.30 +6.62
Infosys 1,178.45 +45.60 +4.03
Mindtree 979.85 +82.25 +9.16
Yes Bank 308.55 -9.95 -3.12
Hindalco 262.10 -2.65 -1.00
Company Price Change %Gain
TCS 3,406.40 +215.75 +6.76
HDFC 1,831.65 -32.80 -1.76
Infosys 1,178.25 +45.55 +4.02
Alkem Lab 1,776.00 -23.70 -1.32
Force Motors 3,139.35 +223.80 +7.68
Top Gainers
Company Price Change %Gain
TCS 3,402.45 +211.30 +6.62
Tech Mahindra 700.50 +35.30 +5.31
HCL Tech 1,062.35 +43.80 +4.30
Infosys 1,178.45 +45.60 +4.03
Coal India 292.05 +8.85 +3.13
Company Price Change %Gain
TCS 3,406.40 +215.75 +6.76
Infosys 1,178.25 +45.55 +4.02
Coal India 292.05 +9.20 +3.25
Wipro 298.35 +6.75 +2.31
Bharti Airtel 400.75 +5.80 +1.47
Top Losers
Company Price Change %Gain
Yes Bank 308.55 -9.95 -3.12
ICICI Bank 282.15 -7.45 -2.57
Tata Steel 606.20 -15.75 -2.53
SBI 241.20 -4.95 -2.01
Bajaj Finserv 5,286.35 -98.85 -1.84
Company Price Change %Gain
Yes Bank 308.45 -9.55 -3.00
ICICI Bank 281.95 -7.20 -2.49
Tata Steel 606.35 -14.20 -2.29
SBI 241.40 -4.85 -1.97
NTPC 174.25 -3.20 -1.80