Sensex Sheds 36 Pts On Profit Booking

Bombay Stock ExchangeThe Bombay Stock Exchange benchmark Sensex lost around 36 points, about 28 minutes after the opening bell, as shareholders sold stocks in order to book profits at subsisting levels amid a mixed trend on other Asian stock markets.

At 9.28 a. m. the 30-share index BSE Sensex, which belled the day at 17,087.63, lost 35.96 points to trade at 17,062.37 as against its previous closure at 17,098.33 points.

At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty stood at 5,106.65 against the previous closure at 5,116.25 points, a loss of 0.19%.

Broader markets remained flat at this time of the day.

Dealers stated that emergence of profit taking by funds and retailers and mixed trend on other Asian bourses mainly weakened the trading outlook.

They added that a careful approach followed by major players, after recent run-up, also throw its shadow on the reactions. (With Input from Agencies)