Sensex extends slide, down over 40 points in morning trade
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The benchmark BSE Sensex fell further by over 40 points in early trade today, extending its yesterday's slide due to continued selling by participants amid mixed Asian cues.
The 30-share index was trading lower by 40.86 points, or 0.14%, at 27,603.02, with stocks of oil & gas, power, realty, PSUs, auto and IT sectors pulling it down.
On similar lines, the NSE Nifty shed 15.80 points, or 0.34%, at 8,341.50.
The Sensex had tumbled 313.62 points in the previous session on widespread profit-booking amid lower-than-expected earnings from ITC.
Brokers said sustained selling by participants and caution ahead of monthly expiry in the derivatives segment on Thursday amid a mixed trend at other Asian markets led to the fall.
Shares of Tata Motors were trading 1.52% down at Rs 497.50 ahead of its quarterly earnings.
Shares of Tata Motors were trading 1.52% down at Rs 497.50 ahead of its quarterly earnings.
The US markets were closed yesterday for a public holiday.
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