Mumbai, May 14: The Bombay Stock Exchange benchmark Sensex fell by nearly 62 points on Friday, as funds and retail investors booked profits amid weak global markets.
The 30-share index, which surged 70.06 points in Thursday’s trading, edged lower by 61.54 points, or 0.35 per cent to 17,204.33.
Stocks of metals, realty oil and gas and banking sectors were under pressure, pulling the Sensex down.
The National Stock Exchange’s Nifty fell 18.45 points, or 0.35 per cent, to 5,160.45 points.
Brokers said besides emergence of profit—booking by foreign funds and retail investors, overnight losses in the U.S. market, weak jobs data outlook and subdued trend on other Asian bourses were responsible for the fall.
Among losers Reliance Industries fell by 0.50 per cent to Rs 1,066.45, Tata Steel by 0.67 per cent to Rs. 571.50, Sterlite Industries by 0.51 per cent to Rs. 725.50, DLF Ltd by 0.44 per cent to Rs. 304.70, State Bank of India by 0.12 per cent to Rs. 2,312.40 and ICICI Bank by 0.59 per cent to Rs. 919.80.
Meanwhile, Hong Kong’s Hang Seng was down 0.80 per cent and Japan’s Nikkei shed 1.61 per cent in the morning trade on Friday, while the U.S. Dow Jones Industrial Average ended 1.05 per cent higher in Thursday’s trade.
—PTI