August 24, 2012 1:59 PM

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Sensex trading down at 17,762;Rupee falls 18p against $

The Sensex at the Bombay stock Exchange fell 89 points, or 0.5 per cent, to 17,762 in early trade, today, on profit-booking by funds and retail investors, amid weak regional markets. Later, the Sensex remained subdued, and stood 110 points, or 0.6 per cent in the red, at 17,740 in afternoon deals, a short while ago.Other Asian markets in Japan, China, Taiwan, Indonesia, Hong Kong, Singapore and South Korea lost between 0.3 percent and 1.2 percent, today, after a US central bank official threw cold water on hopes that another round of stimulus is on its way. Over in the US, the Dow Jones Industrial Average had ended 0.9 per cent lower in yesterday's trade. The rupee declined by 18 paise to 55.44 against the dollar in early trade today, snapping four sessions of gains, at the Interbank Foreign Exchange on fresh demand for the American currency.

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