Sensex, Nifty retreats from record on profit booking

The benchmark BSE Sensex retreated

from record levels to trade lower by 56 points in early

session today as realty, auto, healthcare and metal stocks

fell after participants booked profits.

The 30-share index fell by 56.19 points or 0.17 per cent

to 32,577.45 in early trading. It had opened higher at

32,654.41 and advanced to a high of 32,659.32 in opening

trade.

The gauge garnered 799.65 points in the previous three

days to scale all-time high of 32,633.64 after touching

intra-day record of 32,687.32 yesterday.

The wider Nifty of NSE too slipped from record by falling

8.80 points or 0.09 per cent to 10,222.05 after touching a

high of 10,239.25 at the outset.

Fresh weakness in the rupee against the dollar and

continued foreign fund outflows dampened the sentiment,

brokers said.

Among major Sensex losers, Tata Motors, ONGC, M&M,

Infosys, Dr Reddy's, Cipla, HDFC Bank, HDFC Ltd and Tata
Steel

fell up to 1.11 per cent, dragging the index into the negative

terrain.

In the Asian region, Japan's Nikkei rose 0.17 per cent,

Shanghai Composite Index up 0.06 Per cent and Hong Kong's Hang

Seng gained 0.14 per cent in their early deals.

The US Dow Jones Industrial Average ended 0.37 per cent

higher yesterday.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)