BSE Sensex down 24 points in early trade.

by - 12:23 PM

7d6a876e-2922-4354-a0d4-4836119d61a1CineThe benchmark BSE Sensex on Tuesday fell by nearly 24 points in early trade as funds and retail investors booked profits after two sessions of gains. The 30-share barometer, which gained 417.84 points in the previous two sessions, moved down by 23.85 points, or 0.11%, to 21,110.36, with auto, power and realty sector stocks falling the most. Similarly, the wide-based National Stock Exchange index Nifty, moved down 3.15 points, or 0.05%, to 6,269.60. Brokers said besides profit-booking by speculators, a weak trend on other Asian bourses, tracking a drop on the US markets after weaker-than-expected jobs data, influenced the sentiment here. They said, however, easing retail inflation which slowed to three-month low of 9.87% in December, giving the RBI more leeway to manage interest rates, capped the losses. In the Asian region, Japan's Nikkei was trading 2.05% down, while Hong Kong's Hang Seng shed 0.86% in early trade today. The US Dow Jones Industrial Average ended 1.09% lower in Monday's trade.

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