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Journalism of Courage
BSE Sensex today declined by over 90 points in early trade on sustained selling by funds amid a weakening trend on other Asian bourses.
The 30-share barometer fell by 90.87 points,or 0.47 per cent,to 19,052.13 with stocks of consumer durables,metal,FMCG,auto and baking sectors leading the fall.
The index had lost over 298 points in yesterday8217;s session.
Similarly,the wide-based National Stock Exchange index Nifty fell by 13.40 points,or 0.23 per cent,to 5,775.40.
Brokers said sustained selling by funds amid weakening trend on other Asian bourses mainly influenced the trading sentiment.
In the Asian region,Japan8217;s Nikkei Index was down 2.04 per cent in early trade today,while Hong Kong8217;s market remained closed for a public holiday.
The US Dow Jones Industrial Average ended 0.76 per cent down in yesterday8217;s trade.
Indian stocks to watch-June 12
GLOBAL MARKETS ROUNDUP
Nifty futures on the Singapore Exchange are 0.44 percent down and the MSCI-Asia Pacific index excluding Japan is flat.
Japanese stocks slumped further on Wednesday,joining a global selloff in equities and commodities as investors were rattled by the absence of fresh steps from the Bank of Japan to calm turbulence in the domestic bond market.
U.S. stocks slid in a volatile session on Tuesday after Japan8217;s central bank disappointed equity markets by holding its monetary policy steady.
FACTORS TO WATCH
India will release industrial output data for the month of April on Wednesday at around 11.00 IST 5.30 GMT.
India will release CPI inflation data for May on Wednesday around 11.00 IST 5.30GMT.
INDIAN STOCKS TO WATCH
India8217;s Fortis Healthcare to sell Vietnam unit stake for 80 mln
India unhappy,but unshaken by rupee8217;s plunge to record low
India cbank takes steps to increase dollar inflows
Goyal8217;s NRI status may delay Jet-Etihad deal
Infosys on global hunt for CEO,hires executive search firms
Novartis sacks 18 for fabricating sales data
Elder Pharma says there is no proposal of promoters selling co shares
India offers incentives for exports to Iran,trade body expects jump
Havells India set to enter hospital business; promoter to invest Rs 10 bln
More trouble likely for captive coal miners in Madhya Pradesh
Airlines under CCI scanner for cargo fuel surcharge
US FDA warns RPG Life Sciences
Cabinet to take up ordinance on Food Bill on Wednesday
