Sensex declines by 173 points in opening trade on Asian cues
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Sensex declines by 173 points in opening trade on Asian cues
 

Mumbai : The Bombay Stock Exchange benchmark Sensex fell by 173 points in the opening trade on Feb 19 extending yesterday's losses on continued sell-off by funds, sparked by a weak trend on other Asian bourses.

The 30-share Sensex had lost 101.07 points in the previous trading session; plunged by 173.68 points. The wide-based National Stock Exchange index Nifty shed 68.65 points, or 1.40 per cent to 4,819.10 points.

Brokers said sentiments on the domestic bourses were dampened by weak trend on the other Asian markets after the US Federal Reserve surprised everyone by hiking the interest rate on emergency loans to banks, triggering selling by funds. They said stocks of metals, realty and banking suffered the most, dragging the Sensex down. The BSE metal index was down by 1.55 per cent to 15,959.07 as Sterlite Industries fell by 2.
Posted On : 19 Feb 10
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Sensex declines by 173 points in opening trade on Asian cues
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