The Sensex today extended its losses

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on selling in oil and gas, FMCG and banking sectors amid weak

Asian cues against the backdrop of renewed tensions on the

Korean peninsula.

The broader Nifty fell below the 9,850 level to 9,837.85.

Barring realty and metal sectors, which witnessed value

buying, investors opted for profit-booking ahead of the

September derivative expiry on Thursday.

The Sensex traded at 31,517.99 at 1203 hours, down 108.64

points, or 0.34 per cent.

The broader Nifty declined 34.75 points, or 0.35 per

cent, to 9,837.85 at 1203 hours.

North Korea's foreign minister said US President Donald

Trump had declared war on the country and it reserves the

right to take countermeasures, including shooting down US

bombers even if they are not in its airspace.

Major losers were Dr Reddy's 3.66 per cent, HUL 3.09 per

cent, Asian Paints 1.96 per cent and HDFC 1.36 per cent.

Foreign portfolio investors (FPIs) sold shares worth

Rs 1,249.45 crore yesterday, showed provisional data from

the stock exchanges. Domestic institutional investors (DIIs)

bought shares worth a net Rs 1,009.98 crore.

Overseas, most Asian stocks dropped taking cues from weak

close in US stocks overnight, hurt by fresh threats from North

Korea and weakness among key technology stocks.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)