Sensex slumps 160 points on profit-booking, weak Asian cues

The 30-share barometer dropped by 160.09 points, or 0.63 per cent, to 25,102.12, with all sectoral indices led by FMCG, metal, IT and auto stocks leading the fall with losses up to 1.08 per cent.

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Shares of leading commodity exchange MCX was trading 4.21 per cent lower at Rs 877.80 after the company on Thursday reported a 45 per cent fall in standalone net profit to Rs 27.10 crore during the fourth quarter of the 2015-16 fiscal.
Market benchmark Sensex fell over 160 points in early trade and the NSE Nifty cracked below the 7,700-mark today due to profit-booking by investors after yesterday’s gain amid weak cues from Asian markets ahead of the US employment data. The 30-share barometer dropped by 160.09 points, or 0.63 per cent, to 25,102.12, with all sectoral indices led by FMCG, metal, IT and auto stocks leading the fall with losses up to 1.08 per cent. –