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BSE Sensex down; FDI vote in upper house key

Source : REUTERS
Last Updated: Thu, Dec 06, 2012 09:17 hrs
INDIAN STOCK BROKERS WATCH THE KEY SENSEX SHARE INDEX IN BOMBAY.

The BSE Sensex falls 0.63 percent to 19,269 and the NSE Nifty is down 0.64 percent to 5,863, on profit-booking.

The government's win in the retail FDI vote in Lok Sabha on Wednesday failed to boost sentiment as traders remain cautious over the vote in the upper house.



India's 50-share index has been trading in the "overbought" territory, with its 14-day relative strength index around 70.

Leading the falls Infosys drops 2.1 percent while Tata Consultancy Services is down 1.7 percent on Cognizant Technology Solutions Corp SEC filing.

GMR Infrastructure falls 3.2 percent after a Singapore court ruled in Maldives' favour on Thursday, overturning an earlier order given in favour of GMR, suspending the South Asian country's decision to cancel its $511 million airport development contract with the company.

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