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Sensex down 37 points in early trade on profit-booking

Mumbai (PTI): The BSE benchmark Sensex slipped from record closing high by falling over 37 points in early trade today as funds and retail investors preferred to book profits after recent gains amid monthly expiry in the derivatives segment.

The 30-share barometer, which gained 463.69 points in the past two sessions, fell by 37.28 points, or 0.18 per cent, to trade at 20,996.69 points. The index had closed at an all-time high of 21,033.97 points in yesterday’s trade.

Realty, banking, auto, FMCG, IT and capital goods sector stocks were down due to profit-booking.

The National Stock Exchange index Nifty fell by 11.10 points, or 0.18 per cent, to 6,240.60 points.

Brokers said besides profit-booking, cautious approach adopted by participants as today is the last session of the current month expiry in the derivatives segment, and a weak trend in the Asian region, mainly dampened the trading sentiment.

In the Asian region, Japan’s Nikkei Index was down 0.21 per cent, while Hong Kong’s Hang Seng index shed 0.36 per cent in early trade.

The US Dow Jones Industrial Average ended 0.39 per cent lower in yesterday’s trade.

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