19/11/2010 00:00 AST

The Bombay Stock Exchange benchmark Sensex, which fell by 93 points in the opening trade on Friday, largely on profit-booking amid weak trend, continues to remain weak.

At 9.50 a.m., the Sensex was down 123.71 points at 19,806.93 and the broader Nifty was down 43.3 points at 5,955.50.

The 30-share barometer, which had gained 65.50 points on Thursday in a highly choppy session, was trading at 19,837.67 points in the early trade, down by 92.97 points from the previous close.

Similarly, the wide-based National stock Exchange index Nifty also fell by 31.70 points to 5,967.10 with realty, banking and technology stocks leading the decline.

Brokers said fresh bout of selling by funds and retailers at the prevailing levels mainly dragged down the Sensex.

Stocks of RCom remained under selling pressure on fears over 2G spectrum probe and was trading down 3.83 per cent at Rs 148.

In the other Asian markets, the Hong Kong's Hang Seng index was quoting lower by 1.04 per cent, while Japanese Nikkei was marginally up by 0.61 per cent to trade at a five-month high in the morning trade today.

In the US, the Dow Jones Industrial Average ended 1.57 per cent higher on stronger-than-expected economic data and hopes for an end to Ireland's debt crisis.


The Hindu Business Line

Ticker Price Volume
Index Closing Change
NIKKEI 225 36,581.76 -251.51 (-0.68%)
DAX 18,699.40 181.01 (0.97%)
S&P 500 5,626.02 30.26 (0.54%)
Global AI spending to hit $2.5 trillion this year, says report

16/01/2026

Worldwide spending on AI is forecast to total $2.52 trillion in 2026, a 44% increase year-over-year, according to Gartner, Inc. a business and technology insights company.

The AI infrastruct

Trade Arabia

Minerals and a strategic location: Why Greenland is coveted

15/01/2026

Greenland, which US President Donald Trump has vowed to seize for national security reasons, is an ice-covered self-governing Danish territory in the Arctic. On Wednesday, senior Danish and Greenland

AFP

US luxury retailer Group Saks Global files for bankruptcy

15/01/2026

US luxury retail group Saks Global, the heavily indebted parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, said Wednesday it had filed for bankruptcy. The group has struggled w

Kuwait Times

Global Unemployment 'Stable' in 2026, but Decent Jobs Lacking

15/01/2026

The global unemployment rate is expected to hold steady in 2026, the United Nations said Wednesday, but cautioned the labor market's seeming stability belies a dire shortage of decent jobs.

Asharq Al Awsat

Global central bankers defend Fed's Powell after Trump threat

14/01/2026

Central Bank chiefs from around the world lined up in support of Federal Reserve chair Jerome Powell on Tuesday, issuing an unprecedented statement of solidarity after the Trump administration threat

Reuters