Mumbai: After a promising start, the SENSEX turned weak falling below 3,600-level in
line with a fresh slide in select key counters at early stages on the Bombay Stock
Exchange (BSE) on March 19 due to consistent selling pressure from speculators and
retail investors.
After rising at the outset to a high of 3,629.48, the BSE sensitive index dipped to
3,588.45 before being quoted at 3,591.84 at 10.30 am (IST) as against the March 18
close of 3,613.28.
Dealers partly attributed the indefinite strike by transport operators in
Maharashtra to depressed sentiment saying consumer stocks were directly affected due
to the strike that entered the third day.
Select heavyweights like Zee Telefilms, Telco, Satyam Computers, RIL, HLL, HPCL and
some others were quoted moderately lower due to selling pressure.
Meanwhile, the Dow Jones Industrial Average fell by 66.08 points and the NASDAQ
Composite Index eased by 3.60 points on March 18 night.
PTI