Sensex closes 87 points lower

Pakistan Telegraph (IANS) Tuesday 7th February, 2012

A benchmark index for Indian equities markets Tuesday provisionally closed 87 points lower as traders booked profits after five consecutive weeks of rallying.

Aviation stocks, however, shot up after the government approved carriers' demand of importing jet fuel directly - a move which will help airlines bring down operating costs.

The 30-scrip sensitive index (Sensex) of the BSE, which opened at 17,813.74 points and was ruling at 17,620.3 points (provisional), 87.01 points or 0.49 percent down from its previous close at 17,707.31 points.

The 50-scrip SP CNX Nifty of the National Stock Exchange also closed in the red at 5,333.6 points, down 28.05 points or 0.52 percent from its previous close.

Broader markets were dull, with the BSE 500 index ending 0.6 percent lower from its previous close. The BSE midcap index was down 0.75 percent while the BSE smallcap index shed 0.35 percent.