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Indian Sensex index drops 55pts

Indian Sensex index drops 55pts

MUMBAI: The benchmark BSE Sensex fell over 55 points on relieve of positions by investors ahead of monthly expiry in the unoriginal segment between mixed global indications.
The 30-share barometer, which had lost 161.49 points in the previous session, fell by 55.22 points, or 0.19 per cent, to 28,282.83 with stocks of realty, banking, auto, IT, metal and capital goods sectors declining the most.Also, the National Stock Exchange index Nifty was down by 18.70 points, or 0.22 per cent, to 8,444.40.
Brokers said apart from profit-booking in recent gainers, trimming of positions by speculators in view of tomorrow’s monthly expiry in the derivatives segment, influenced sentiments.
Besides, a mixed trend on other Asian bourses following a lower closing in the US markets in yesterday’s trade, triggered selling at domestic markets.