Market made a subdued start today,

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in line with a sluggish Asian opening, as trading of barbs

between the US and North Korea made investors edgy.

The BSE 30-share benchmark after rising briefly to

31,693.59 at the outset, slipped back to quote lower by 59.12

points, or 0.18 per cent, to 31,567.51.

The gauge had fallen 797.13 points in the previous five

sessions.

FMCG, consumer durables, banking and PSU banking were in

the red, losing by up to 0.32 per cent.

The broader NSE Nifty too fell by 26.05 points, or 0.26

per cent, at 9,846.55.

The rupee depreciating by 18 paise to a fresh six-month

low of 65.28 against the dollar in early trade and spiking

crude prices overseas following Turkish threats to block

Kurdish oil exports hurt investor sentiment.

Brokers said that apart from continuous foreign fund

outflows, Asia saw losses the US and North Korea ratchet up

their war of words over Pyongyang's nuclear programme, which

led to slide in the key indices here.

The laggards were Asian Paints, Hindustan Unilever, Dr

Reddy's, HDFC Ltd, Coal India and SBI, weakening up to 2.14

per cent.

In the Asian region, Hong Kong's Hang Seng fell 0.05 per

cent while Japan's Nikkei shed 0.10 per cent in early trade

today. Shanghai Composite was also down 0.16 per cent.

The US Dow Jones Industrial Average fell 0.24 per cent

yesterday.

 

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