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Sensex down 17 pts in lacklustre trade

Auto, power and capital goods stocks suffered losses while some of the consumer durable, tech and IT counters were in demand.

BT Online Bureau | May 2, 2012 | Updated 18:53 IST

In a dull trading, the benchmark Sensex on Wednesday snapped its three-session winning streak on fag-end selling mainly in key heavyeights and fell back by a mere 16.90 points to settle at 17,301.91.

Tata Motors was the top loser from the Sensex pack with a fall of 3.82 per cent following a decline in sales in April 2012 and was the major contributor to the Sensex fall. It reported 7 per cent decline in sales during the April 2012 over the same period last year.

Besides Tata Motor, ITC, L&T, ONGC, Maruti Suzuki, Tata Power, Bajaj Auto, Coal India and NTPC also ended with moderate losses while HDFC Bank, TCS, HUL and Bharti Airtel attracted good buying support and cushioned the Sensex fall to some extent.

Auto, power and capital goods stocks suffered losses while some of the consumer durable, tech and IT counters were in demand.

The Bombay Stock Exchange 30-share barometer resumed higher on firm Asian trends and remained in positive terrain till fag-end selling in last nearly fifteen minutes pulled the Sensex down to settle at 17,301.91.

In last straight three trading sessions, it had risen by 188.14 points or 1.1 per cent.

Similarly, the NSE broad-based 50-issue Nifty also eased by 9.00 points or 0.17 per cent to 5,239.15.

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