Sensex Down By 150 Pts On Selling Pressure

Persistent selling pressure in metal, realty, banking, consumer durable and capital goods stocks pulled down the BSE benchmark Sensex by 150 points in early trade today despite higher Asian cues.

The BSE benchmark Sensex resumed lower at 17,187.89 and hovered in a range between 17,279.23 and 17,167.91 before quoting at 17,212.34 at 1015 hours, a net loss of 149.76 points, or 0.86 per cent, from its last close.

The NSE’s 50-share Nifty index was also down by 42.90 points, or 0.82 per cent, at 5,178.15 at 1015 hours.

From: http://ping.fm/Fan18