The Bombay Stock Exchange benchmark Sensex fell by over 82 points in the opening trade today as weak Asian equity markets triggered some selling in index-related stocks and funds and retail investors await an interim general budget.
The Bombay Stock Exchange benchmark Sensex fell by over 82 points in the opening trade today as weak Asian equity markets triggered some selling in index-related stocks and funds and retail investors await an interim general budget.
The 30-share barometer, which had gained 168.91 points in the previous trading session on Friday, shed 82.79 points, or 0.86 per cent to 9,551.95 in opening trade.
The broader National Stock Exchange Nifty lost 27.80 points to 2,920.55. Stock brokers said investors were reluctant to create fresh positions ahead of an interim budget and even booked profits at prevailing levels in some counters, dragging the Sensex down.
They said, however, market is likely to stage comeback later in the day after the announcements of budgetary proposals which may unveil a stimulus package to revive economy and some sops for the corporate sector.
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