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Sensex falls 65 points owing to weak global cues  

Mumbai, Friday, August 27, 2010: The Bombay Stock Exchange benchmark Sensex today fell by 65 points in early trade as funds and retail investors sold oil, banking and information technology stocks, taking cues from weak global markets.

The 30-share index fell by 65.53 points, or 0.36 per cent, to 18,160.82 points in the first five minutes of trade.

The barometer had gained 46.71 points yesterday.

The wide-based National Stock Exchange index Nifty also declined by 25.10 points, or 0.45 per cent, to 5,452.80 points.

Brokers said selling pressure emerged on the domestic bourses following a weak opening in the Asian region after overnight losses on the US market.

Hong Kong’s Hang Seng index traded lower by 0.05 per cent, while Japan’s Nikkei was down 0.87 per cent in early trade. The US Dow Jones Industrial Average ended 0.74 per cent yesterday.

(News Agency)

  • By KOL News , Written on August 27, 2010
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