BSE Sensex down 82 points in early trade

Jun 07 2013, 09:48 IST
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30-share index, which has lost 48.73 points in previous session, fell further by 81.67 points. (Reuters) 30-share index, which has lost 48.73 points in previous session, fell further by 81.67 points. (Reuters)
Summary30-share index, which has lost 48.73 points in previous session, fell further by 81.67 points.

Extending losses for the second session, BSE benchmark Sensex today lost nearly 82 points in early trade as stocks of metal, realty, banking, FMCG and auto sectors fell on sustained selling by participants, tracking a weak trend in the Asian region.

The 30-share index, which has lost 48.73 points in the previous session, fell further by 81.67 points, or 0.42 per cent, to 19,437.82.


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Similarly, the wide-based National Stock Exchange Nifty declined by 33.55 points, or 0.57 per cent, to 5,887.85.

Brokers said increased selling by funds and retail investors as market has been lacking any positive factor, and a weak Asian cues, mainly dampened the trading sentiment here.

Meanwhile, in Asia, Hong Kong's Hang Seng index down by 1.15 per cent, while Japan's Nikkei fell 1.94 per cent in early trade.

The US Dow Jones Industrial Average ended 0.53 per cent higher in yesterday's trade.

Indian stocks to watch - June 7

GLOBAL MARKETS ROUNDUP

* Nifty futures on the Singapore Exchange are 0.4 percent down and the MSCI-Asia Pacific index excluding Japan is 0.46 percent lower.

* Japan's Nikkei share average fell 1.7 percent and entered bear market territory on Friday, having plunged 20 percent from a 5-1/2 year high hit last month.

* US stocks rose on Thursday, with the Dow swinging nearly 200 points from its session low to high and the S&P 500 recovering after hitting a key technical level in volatile trading a day before the release of the U.S. jobs report.

FACTORS TO WATCH

* India-Foreign reserves (1230 GMT)

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* Best Performing Mutual Funds

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