Sensex down 98 points in opening trade

Mumbai, June 29 (PTI) The Bombay Stock Exchange
benchmark Sensex Tuesday fell by over 98 points in the opening
trade as investors sold stocks in blue-chips amid weak Asian
cues.
The 30-share index, which had gained almost 200 points
in yesterday's session, fell by 98.70 points, or 0.55 per
cent, to 17,675.56 points.
Oil and gas, banking and metal sector stocks led the
fall.
The wide-based National Stock Exchange index Nifty also
fell by 40.10 points, or 0.75 per cent, to 5,293.40 points.
Marketmen said trading sentiment turned bearish on
emergence of profit-selling by funds at prevailing levels
and weakening trend in Asian bourses.
Reliance Industries declined by 0.41 per cent to Rs
1,083.50, ONGC fell 1 per cent to Rs 1,291.20, Infosys 0.48
per cent to Rs 2,791, ICICI Bank 1 per cent to Rs 859.90,
State Bank of India shed 0.39 per cent to Rs 2,293, Sterlite
Industries 0.24 per cent to Rs 169.55 and Tata Motors lost
0.52 per cent to Rs 783.40.
Meanwhile, Hong Kong's Hang Seng Index was 1.24 per cent
lower in early trade. PTI