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Sensex falls 58 points; IT, metal stocks slump

Maharashtra,Business/Economy, Tue, 10 Apr 2012 IANS

Mumbai, April 10 (IANS) A benchmark index for Indian equities markets fell 58 points in the afternoon session Tuesday due to selling pressure in technology and metal stocks.


The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the positive at 17,259.26 points, was ruling at 17,163.99 points in the afternoon session, down 0.34 percent or 58.15 points from its previous close at 17,222.14 points.


The Sensex touched a high of 17,274.69 points and low of 17,151.78 in the intra-day.


The 50-scrip S&P CNX Nifty of the National Stock Exchange was trading 0.32 percent lower at 5,217.50 points.


There was selling pressure in IT, metal and consumer durables stocks. The BSE IT index was down 1.63 percent. Metal index fell 1.21 percent and consumer durables index was down 0.93 percent.


However, there was some buying interests in FMCG and auto stocks. The FMCG index of the BSE was up 1.52 percent and auto index was trading 0.30 percent higher.



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