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Equities decline a tad; Sensex down 30 points to 4140.73

Equities suffered a moderate setback at the Bombay Stock Exchange following specultive selling pressure on fast moving consumer goods stocks by market players today.

According to marketmen, the movement of the Sensex was seen restricted in the range of 50 points due to limited acitvity by the foreign institutional investors and Indian financial institutional investors.

The FMCG shares like Procter and Gamble, Hindustan Lever, Britannia, Nestle reported moderate decline on selling pressure, dealers said. The infotech counters witnessed a mixed trend, they added.

Reflecting the trend, the 30-share Sensex opened on a firm note at 4174.61 (day's high), fell to the day's low of 4121.39 points before closing at 4140.73 points, showing a net loss of 30.10 points or 0.72 per cent as against the previous close of 4170.83 points.

The broad-based BSE-100 index too declined by 7.70 points to 1790.51 points from the previous close of 1798.21 points.

Institutionalised deals were reported at the counters led by Gujarat Fertilizer, Indo Gulf Fertilizers, Hero Honda, Indian Rayon, Tamil Nadu Petroleum.

The BSE-200 and Dollex indices dropped marginally by 1.57 and 0.60 points to 409.56 and 157.26 points from the previous close of 409.56 and 157.26 points respectively.

UNI

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