Key Points
Market benchmark indices declined in early trade on May 17, extending their previous day's fall, dragged down by IT counters and a weak trend in the U.S. equities...
The 30-share BSE Sensex fell 100.87 points to 61,831.60 after a flat start to the trade..
The U.S. market ended lower on May 16.. Foreign Institutional Investors (FIIs) were buyers on Tuesday as they bought equities worth 1,406.86 crore, according to exchange data...
On Tuesday, the 30-share BSE benchmark had declined 413.24 points or 0.66% to settle at 61,932.47..
"Caution is likely to prevail further and one may see extended profit-booking in next few sessions, as investors would focus on global mood," Prashanth Tapse, senior vice-president (Research) at Mehta Equities Limited, said..
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