Monday, 23 September 2013

Sensex sheds 148 points

Indian stock markets fell over 0.7 per cent in the opening session on Monday on sustained selling by funds and retail investors despite firm Asian cues.

The 30-share BSE index Sensex was trading down by 147.88 points (0.73 per cent) at 20,115.83 and the 50-share NSE index Nifty was trading down by 48.45 points (0.81 per cent) at 5,963.65.

Asian stocks rose with the regional benchmark index trading near a four-month high on upbeat manufacturing data from China.

Global banking giant HSBC today said its preliminary purchasing managers’ index for the manufacturing sector in China hit 51.2 in September, the highest since March when the index stood at 51.6.

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