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Technical correction checks Sensex surge, down 60 points, 3373 in the morning

Share prices took a considerable dip at the Bombay Stock Exchange in the morning session on Tuesday due to unabated selling by operators and Indian financial institutions.

Brokers said the recent rise of Sensex was unreasonable and hence a technical correction was always in the offing. This morning, the 30-share premier index dived 60 points.

As at 13.30 hrs IST, the Sensex was quoting at 3373. It closed at 3433 on Monday. On the NSE, the Nifty was down by ten points at 974.

Among the index-based shares at the BSE, ITC was at Rs 825 (-18), Reliance at Rs 143 (-Rs 5), ACC at Rs 1242 (-Rs 20) and SBI at Rs 184 (-Rs 4).

UNI

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