Sensex loses 109 points, Nifty below 9,850
The Sensex today extended its losses
on selling in oil and gas, FMCG and banking sectors amid weak
Asian cues against the backdrop of renewed tensions on the
The broader Nifty fell below the 9,850 level to 9,837.85.
Barring realty and metal sectors, which witnessed value
buying, investors opted for profit-booking ahead of the
September derivative expiry on Thursday.
The Sensex traded at 31,517.99 at 1203 hours, down 108.64
points, or 0.34 per cent.
The broader Nifty declined 34.75 points, or 0.35 per
cent, to 9,837.85 at 1203 hours.
North Korea's foreign minister said US President Donald
Trump had declared war on the country and it reserves the
right to take countermeasures, including shooting down US
bombers even if they are not in its airspace.
Major losers were Dr Reddy's 3.66 per cent, HUL 3.09 per
cent, Asian Paints 1.96 per cent and HDFC 1.36 per cent.
Foreign portfolio investors (FPIs) sold shares worth
Rs 1,249.45 crore yesterday, showed provisional data from
the stock exchanges. Domestic institutional investors (DIIs)
bought shares worth a net Rs 1,009.98 crore.
Overseas, most Asian stocks dropped taking cues from weak
close in US stocks overnight, hurt by fresh threats from North
Korea and weakness among key technology stocks.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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