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The BSE (Bombay Stock Exchange) benchmark Sensex felt more than 129 points in the opening trade today as the foreign funds and the retail investors had booked the profits made in Monday’s session among the growth concerns.The trading sentiment was damped due to a subdued trend in global markets following weak US manufacturing data for July.

The 30 share barometer, that had gained 117.13 points in the last session, decreased by 129.67 points i.e 0.71%, and reached 18,184.66 in the first few minutes of the todays trade.The top most sufferers in the fresh sell-off are the Stocks of banking, realty, metals and auto companies.Likewise, the National Stock Exchange Nifty index slewed by 0.72 percentage and had reached 5,477.15.

The Market analysts had said that the trading sentiment was weakened on the growth concerns after PMEAC (Prime Minister’s Economic Advisory Council) decreased the economic growth projection for the current financial year to 8.2% which was 9% earlier.In the Asian region the Hong Kong’s Hang Seng index was trading 0.34% lower and the Japan’s index Nikkei decreased 0.93 percentage in this morning.

Sensex goes down by 129 points
Originally published on: All India Today

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