Tuesday, October 3 2006 11:56 Hrs (IST) - World Time -

Mumbai: In narrow movements in early trade, the BSE Sensex today (Oct showed some weakness and was down by 9.25 points following selling in IT and select index-based stocks, despite announcement of a robust economic growth.

The Bombay Stock Exchange's (BSE) 30-share Sensex opened higher at 12,473.79 and immediately touched a high of 12,479.98.

But higher levels attracted profit-selling and it declined to a low of 12,422.16 before being quoted at 12,445.17, a modest fall of 9.25 points over the Friday's close of 12,454.42.

On the National Stock Exchange (NSE), the S&P CNX Nifty moved in a range of 3,606.20 and 3,584.40 and was quoted unchanged at the previous closing level of 3,588.40.

Taking a cue from Nasdaq, where the tech-heavy Nasdaq Composite Index ended down last weekend, some of the IT shares were at the receiving end on selling.

However, select auto stocks were in keen demand on announcement of higher sales.

A sharp rise in Indian economy that grew by 8.9 per cent in the first quarter of the current fiscal could attract investors at current higher levels, dealers said.

The mid-cap and small-cap segments were in the limelight on good investment buying interest.