Open: Markets fall on profit-booking after Monday’s rally
Open: Markets fall on profit-booking after Monday’s rally
Mumbai: Indian shares fell in early deals on Tuesday, as investors locked in profits a day after the market jumped 6.4%, its biggest one-day gain in six months.
By 9:56am, the 30-share BSE index was down 0.2% at 12,113.61 points after opening up 0.2%.
Top vehicle maker Tata Motors fell 0.2%, a day after it raised a lower-than-expected Rs25 billion ($500 million) from consumer bookings for its Nano, the world’s cheapest car.
The 50-share NSE index was down 0.5% at 3,635.50.
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