Sensex Fails To Maintain Initial Gains On Weak Global Cues

The BSE benchmark Sensex was down by 111 points in early trade today after initial gains were wiped out by fresh selling pressure in refinery, IT and PSU stocks amid weakness in global markets.

The BSE benchmark Sensex resumed lower at 16,754.68 and hovered in a range between 16,799.27 and 16,656.92 before quoting at 16,664.15 at 1015 hours, a net loss of 111.72 points, or 0.67 per cent, from its last close.

From: http://ping.fm/7vkgR