Sensex falls 24 pts on profit-booking

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Agencies: Mumbai, Nov 07 2012, 09:42 IST
The BSE benchmark Sensex fell by almost 24 points in the opening trade today as funds and retail investors locked-in gains after five-session of rise.

The 30-share barometer, which has gained nearly 386 points in the last five sessions, declined by 23.84 points, or 0.13 per cent, to 18,793.54 with stocks of capital goods, FMCG and banking sectors leading the fall.

Similarly, the wide-based National Stock Exchange index Nifty shed 9.85 points, or 0.17 per cent, to 5,714.55.

Brokers said besides profit-booking by speculators after recent gains, a weak trend at the Asian markets influenced the sentiments.

In Asia, Japan's Nikkei Index was down 0.45 per cent, while Hong Kong's Hang Seng index shed 0.43 per cent in early trade today.

The US Dow Jones Industrial Average ended 1.02 per cent higher in yesterday's trade.

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