Thursday 31 October 2013

Sensex opens marginally in the red

The Sensex and the Nifty fell over 0.1 per cent in the opening session on Thursday on fresh selling by funds and retail investors owing to weak global cues.

At 9.15 a.m., the 30-share BSE index Sensex was down 37.28 points (0.18 per cent) at 20,996.69 and the 50-share NSE index Nifty was down 11.10 points (0.18 per cent) at 6,240.60.

Asian shares were down tracking overnight cues from the Wall Street. US stocks had ended lower on Wednesday, with the Standard & Poor’s 500 Index halting a four-day winning streak, after the Federal Reserve fuelled bets that it will begin to cut stimulus even as it maintained the pace of monthly bond buying as expected.

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