Mumbai, May 11 (Inditop.com) A benchmark index for Indian equities dipped Tuesday to close 189 points lower on profit booking by traders after the 561-point rally a day before.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,336.13 points, ended at 17,141.53 points, 189.02 points or 1.09 percent lower than its previous close at 17,330.55 points.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty also ended at 5,136.15 points, a loss of 1.11 percent from its previous close at 5,193.6 points.
Broader market indices were also subdued, with the BSE midcap index ending 0.99 percent down and the BSE smallcap index closing 0.85 percent lower.
All 13 sectoral indices on the BSE ended in the red, with metals, realty, healthcare and power scrips coming under greater selling pressure than others.
There were only three gainers on the 30-scrip Sensex: M&M, up 1.51 percent at Rs.562.05; HDFC Bank, up 0.69 percent at Rs.1,947.15; and Hero Honda, up 0.3 percent at Rs.1,891.65.
Among the major losers were: Reliance Infra, down 4.96 percent at Rs.1,010.15; Reliance Communications, down 4.95 percent at Rs.147.05; Tata Steel, down 3.31 percent at Rs.581.85; and Hindalco Industries, down 3.28 percent at Rs.169.70.
At global bourses too, investors chose to consolidate their positions after the initial euphoria over a $1 trillion bailout of Greece died down.
Hong Kong’s Hang Seng closed 1.37 percent lower at 20,146.51 points, while the Chinese Shanghai Composite index ended 1.9 percent down at 2,647.57 points.
The Japanese Nikkei shut shop 1.14 percent down at 10,411.1 points. The South Korean Kospi too closed lower at 1,670.24 points, down 0.44 percent.
In Europe, Britain’s key index FTSE 100 was ruling 1.98 percent down at 5,280.7 points.
The French CAC 40 too was trading 2.51 percent lower at 3,626.81 points and the German DAX was at 5,935.4 points, down 1.37 percent.