Benchmark Sensex slipped from life highs to fall over 100 points to 37,381.05 today as markets took a breather after six consecutive record-setting sessions.<\/p>\n
Weak trend in other Asian markets, muted earnings and fresh foreign capital outflows weighed on investor sentiment here.<\/p>\n
Overall market mood was cautious as investors were on a wait-and-watch mode ahead of RBI policy outcome, scheduled tomorrow, and profit-booking at record level, brokers said.<\/p>\n
The 30-share Sensex, after rising to 37,534.95 points in early trade, turned negative and retreated from record high by losing 113.55, or 0.30 per cent, to 37,381.05.<\/p>\n
The gauge had gained 998.03 points in the previous six sessions.<\/p>\n
The broader Nifty also slipped from record high by falling 35.40 points, or 0.31 per cent, to 11,284.15.<\/p>\n
Major losers were HDFC, Vedanta, Tata Steel, ICICI Bank, ITC, Tata Motors, Wipro, Kotak Bank, TCS, HDFC Bank, Infosys, SBI and Coal India, falling up to 1.14 per cent.<\/p>\n
Sectoral indices led by metal, teck, IT, infrastructure, FMCG, banking, PSU, capital goods and oil & gas stocks were trading in the negative zone.<\/p>\n
Foreign portfolio investors (FPIs) sold shares worth a net of Rs 234.04 crore, while domestic institutional investors (DIIs) bought shares worth a net of Rs 48.58 crore yesterday, provisional data showed.<\/p>\n
Asian shares were trading lower after Wall Street posted losses amid weakness in the technology sector.<\/p>\n
Japan’s Nikkei shed 0.39 per cent, Hong Kong’s Hang Seng was down 0.56 per cent, while Shanghai Composite index fell by 0.03 per cent in early trade today.<\/p>\n
The US Federal Reserve’s Federal Open Market Committee, meanwhile, was due to begin its own monetary policy meeting today, with a decision due on Wednesday. The Fed is expected to keep rates steady at the end of its meeting.<\/p>\n
Dow Jones Industrial Average ended lower by 0.57 per cent in yesterday’s trade.<\/p>\n\n","protected":false},"excerpt":{"rendered":"
Benchmark Sensex slipped from life highs to fall over 100 points to 37,381.05 today as markets took a breather after six consecutive record-setting sessions. Weak trend in other Asian markets, muted earnings and fresh foreign capital outflows weighed on investor sentiment here. Overall market mood was cautious as investors were on a wait-and-watch mode ahead of RBI policy outcome, scheduled tomorrow, and profit-booking at record level, brokers said. The 30-share Sensex, after rising to 37,534.95 points in early trade, turned negative and retreated from record high by losing 113.55, or…<\/p>\n","protected":false},"author":1,"featured_media":16119,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6,4],"tags":[],"_links":{"self":[{"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/posts\/16181"}],"collection":[{"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16181"}],"version-history":[{"count":1,"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/posts\/16181\/revisions"}],"predecessor-version":[{"id":16182,"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/posts\/16181\/revisions\/16182"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=\/wp\/v2\/media\/16119"}],"wp:attachment":[{"href":"https:\/\/dinnews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dinnews.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}