Sensex fell by over 92 points in the opening trade today after rising the most in nearly 10 months in the previous session.The 30-share index, which surged 561 points in yesterday, edged lower by 0.53 per cent to 17,238.Realty, metals, auto and oil and gas sector stocks were under pressure, dragging the Sensex down. The National Stock Exchange's Nifty fell 17.55 points to 5,176.05 points.Brokers said besides emergence of profit-booking by foreign funds and retail investors, weak trend on other Asian bourses was also responsible for the fall.Among losers Reliance Industries fell by 0.62 per cent, Infosys Technologies by 0.70 per cent, DLF Ltd by 1.27 per cent and Tata Steel by 0.92 per cent to Rs 596.20.Meanwhile, Hong Kong's Hang Seng shed 0.94 per cent in the morning trade today, while the US Dow Jones IndustrialAverage ended 3.90 per cent higher in yesterday's trade.
News On AIR | May 11, 2010 9:53 AM
Sensex down 92 pts in opening trade